Externalities Occur Because

question 92

Multiple Choice

Externalities occur because:

• A)there is idle capital.
• B)there are chronic shortages.
• C)people are greedy.
• D)there are no property rights.

---

Definitions:

Raising Taxes

The act of increasing the amount of money the government collects from individuals or businesses.

NDP

An abbreviation for the New Democratic Party, a social democratic political party in Canada.

Political Affiliation

An individual's alignment or support for a particular political party or ideology.

Electrical Connectors

Devices that join electrical circuits together, allowing electricity to flow from one element to another.