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The Fact That Agencies and Unelected Officials Are Involved in Policymaking

question 22

Multiple Choice

The fact that agencies and unelected officials are involved in policymaking and administration in a variety of ways refers to ______.


Definitions:

Positive Externality

A beneficial effect experienced by a third party due to a transaction or activity they were not involved in.

Property Values

The worth of real estate as determined by market conditions and the property's condition, location, and other factors.

Renovates

The process of improving or updating a building, room, or structure to make it more attractive or functional.

Marginal Social Benefit

The additional gain to society as a whole from producing or consuming one more unit of a good or service.

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