Examlex
Which of the following is true regarding the imitation of aggression?
Externalities
Costs or benefits arising from an economic activity that affect bystanders and are not reflected in market prices.
Distortionary Taxes
Taxes that cause changes in behavior and decision-making, leading to inefficiencies in the market.
Nonneutral Taxes
Taxes that disproportionately affect one group or type of economic activity over another, often used to influence market outcomes.
Second Best
A situation or solution that is accepted in the absence of a preferred option.
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