Which of the Following Territories Remained an Independent Nation in 1914

question 68

Multiple Choice

Which of the following territories remained an independent nation in 1914?

• A)Algeria
• B)Libya
• C)Ethiopia
• D)Tunisia

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Definitions:

Pigouvian Tax

A tax imposed on activities that generate negative externalities, intended to correct an inefficient market outcome by internalizing the external costs.

Efficient Level

A point at which resources are allocated in the most effective manner, maximizing output without wasting resources.

Excludable

A characteristic of a good or service that allows its owner to prevent others from using it without permission.

Nonrival

A characteristic of a good whereby one person's consumption does not diminish the availability of the good for consumption by others.