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Which one of the following Section, in part, states that "All persons within the jurisdiction of the United States shall have the same right in every State and Territory to make and enforce contract as is enjoyed by white citizens"?
Positive Externality
A beneficial effect experienced by a third party due to an economic activity, without compensation.
Socially Optimal
Refers to a state or condition in which resources are allocated in the most efficient manner from the perspective of society as a whole, maximizing overall well-being.
Market Quantity
Refers to the total amount of a particular good or service that is available for purchase in a market at a specific point in time.
Technology Spillover
An external benefit that results when knowledge spreads among individuals and firms.
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