____ Sought to Create Works Independent of Language So Their

question 105

Multiple Choice

____ sought to create works independent of language so their message could reach people throughout the world.

• A)Expressionists
• B)Cubists
• C)Dadaists
• D)Modernists

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Definitions:

Socially Optimal

A state in which resources are allocated in the most efficient way from a societal perspective, maximising collective welfare or benefit.

Pigovian Tax

A tax or charge levied on the production of a product that generates negative externalities. If set correctly, the tax will precisely offset the overallocation (overproduction) generated by the negative externality.

Clean Up

The process of removing contaminants, waste, or undesirable items from an area, thus restoring it to its original or acceptable condition.

Moral Hazard

The situation where one party takes on risk because they know that another party will bear the consequences.