A Negative Externality Can Be Internalized by

question 65

Multiple Choice

A negative externality can be internalized by

• A)persuasion.
• B)the imposition of a tax.
• C)the assignment of property rights.
• D)a voluntary agreement.
• E)all of the above

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Service Sector

The segment of the economy that provides services rather than tangible goods, including industries like healthcare, education, and finance.

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Part-time Workers

Individuals who are employed and work fewer hours than the full-time requirement, typically less than 35 hours a week.

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