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Which of these statements,if made by a parent,would require further instruction?
First-Hand Knowledge
Information or data obtained directly through personal experience or observation.
Externalities
Economic side effects or by-products that affect an uninvolved third party; can be either positive or negative.
Public Goods
Items that are non-excludable and non-rivalrous, meaning they can be enjoyed by everyone, regardless of whether they contribute to their provision.
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