A Cost Imposed on Someone Who Is Neither the Consumer

question 467

Multiple Choice

A cost imposed on someone who is neither the consumer nor the producer is called a

• A)corrective tax.
• B)command and control policy.
• C)positive externality.
• D)negative externality.

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Definitions:

Intolerance

An unwillingness to accept views, beliefs, or behaviors that differ from one's own.

Self-actualization

The actualization or achievement of one's capabilities and possibilities, seen as an inherent motivation or necessity in all individuals.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Anthropologist

A scientist who studies human behavior, culture, evolution, and societies, both past and present, to understand the full sweep and complexity of cultures across all of human history.