Which of the Following Is True

question 194

Multiple Choice

Which of the following is true?

• A)Competitive markets that are free of government interference will efficiently price externalities.
• B)Nonmarket economies have historically created less environmental damage than market economies.
• C)Externalities are rare and in practice are not relevant to policy makers.
• D)Public institutions, private firms, and consumers all create externalities.

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Definitions:

Screening

The process of evaluating or examining something to filter out unwanted or unsuitable elements.

Interview Process

A series of steps including preparation, questioning, and evaluation, used by employers to assess potential candidates for a job.

Selection

The process of choosing from a number of options or individuals.

Responsibilities

Duties or tasks that one is required or expected to perform or fulfill.