The Presence of External Benefits May Result in Government Action

question 63

True/False

The presence of external benefits may result in government action because the external benefits are not included in the market price of a good.

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Definitions:

Heterosexual

A sexual orientation characterized by a romantic or sexual attraction to individuals of the opposite sex.

Emotional Relationships

Connections between individuals that are primarily based on shared feelings, empathy, and emotional support.

Homosexual Orientation

A sexual orientation characterized by a romantic or sexual attraction to individuals of the same sex.

Circulating Hormone

A hormone that is secreted into the bloodstream by endocrine glands and transported to target organs or tissues to elicit specific biological effects.