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Describe one of the arguments for, and an argument against, the existence of general and multiple intelligences.
Against multiple intelligences: not enough research; often people who are good in one thing are good in others; why choose only those picked out by Sternberg and/or Gardner?
Pigouvian Tax
A tax imposed on activities that generate negative externalities, intended to correct an inefficient market outcome by internalizing the external costs.
Efficient Level
A point at which resources are allocated in the most effective manner, maximizing output without wasting resources.
Excludable
A characteristic of a good or service that allows its owner to prevent others from using it without permission.
Nonrival
A characteristic of a good whereby one person's consumption does not diminish the availability of the good for consumption by others.
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