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A Major Concern with the Efficiency Perspective Is That Corporations

question 77

Multiple Choice

A major concern with the efficiency perspective is that corporations can impose indirect consequences that may not be completely understood or anticipated.In economic terms,such an unintended consequence is called a(n) ________.

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Definitions:

Abraham Lincoln

The 16th President of the United States, who led the country through the Civil War and abolished slavery with the Emancipation Proclamation.

Antislavery Measures

Laws, actions, or movements aimed at ending the practice of slavery and the slave trade.

Confiscation Acts

A series of laws passed during the American Civil War allowing the confiscation of property, including enslaved people, used to support the Confederate rebellion.

Union Army

The land force that fought for the Union during the American Civil War.

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