An Externality Is an Event Which

question 1

Multiple Choice

An externality is an event which

• A)is external to economics.
• B)always brings harm to someone in the economy.
• C)is incidental to some market activity.
• D)harms the economy as a whole rather than a particular person.

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Definitions:

Tree Species

Varieties or types of trees classified based on characteristics such as leaf shape, size, and arrangement.

ANOVA

A statistical method used to compare means of three or more samples to find out if at least one sample mean is different from the others.

Gender

A social construct that relates to the roles, behaviors, activities, and attributes that a given society considers appropriate for men, women, and other gender identities.

Self-rated Happiness

An individual's subjective assessment of their own happiness and well-being.