A Flu Vaccine Has an Associated Externality

question 40

Multiple Choice

A flu vaccine has an associated externality.In the absence of government intervention,the quantity of flu vaccines purchased will be the socially optimal quantity.

• A)positive; less than
• B)negative; the same as
• C)negative; less than
• D)positive; more than
• E)positive; the same as

---

Definitions:

Single Life

A term used to describe the status of an individual who is not married or in a legally recognized partnership.

Defined-contribution Plans

Retirement savings plans where the amount contributed is defined, but the benefit received at retirement depends on investment performance.

Retirement Benefits

Payments made in the form of pensions or annuities to individuals who are retired from active work, generally funded through prior employment contributions.

Qualified Pension Plan

A retirement plan that meets requirements established by the Internal Revenue Code, offering tax advantages such as tax-deferred growth on earnings.