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If an externality is present in a market, what may enhance economic efficiency?
Federal Action
Legal proceedings initiated by or involving a federal government agency or its interests.
Environmental Impact Statement
A document that outlines the potential environmental effects of proposed projects or actions, often required by law before such activities can proceed.
Unsecured Creditor
A creditor who lends money without obtaining specified assets as collateral, making recovery of loaned funds upon debtor's default less certain.
Secured Creditor
a creditor with the right to claim specific assets of the debtor in case of nonpayment of a debt.
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