Externalities Are Created When Parties Not Involved in an Economic

question 216

True/False

Externalities are created when parties not involved in an economic transaction are affected by it.

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Definitions:

Parietal Bone

A bone forming the central side and upper back part of each side of the skull.

Temporal Bone

A complex bone located at the sides and base of the skull, housing the structures of the ear and forming part of the side walls of the skull.

Frontal Bone

The bone forming the front part of the skull and the upper part of the eye sockets.