Examlex
Which of the following statements is (are) TRUE?
I. In the face of a positive externality, a perfectly competitive market produces less than the socially optimal quantity of output.
II. If vaccinations generate an external marginal benefit, their marginal social benefit will always exceed their private marginal benefit.
III. In unregulated markets, the presence of negative externalities-but not positive externalities-causes deadweight losses.
Positive Transfer
The beneficial effect of past learning on the acquisition of new knowledge or skills.
Repressed
The involuntary suppression of thoughts, memories, or feelings from consciousness, often as a defense mechanism against trauma or stress.
Recovered Memories
Memories that have been forgotten or repressed, often of traumatic events, that are later retrieved or recalled.
Traumatic Memories
Distressing recollections that are the result of experiencing or witnessing events that are emotionally overwhelming or life-threatening.
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