Which of the Following Has as Its Primary Responsibility Conducting

question 99

Multiple Choice

Which of the following has as its primary responsibility conducting surveillance about the inner workings of countries across the world?

• A) the Department of Defense
• B) the secretary of state
• C) the Central Intelligence Agency
• D) the World Trade Organization
• E) the Marshall Plan

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Definitions:

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, such as pollution caused by industry, which are not reflected in the market prices.

Positive Externalities

Benefits that result from a transaction or activity and affect others not directly involved in the transaction or activity.

Marginal Social Cost

The total cost society bears for the production of an additional unit of a product, including both private and external costs.

Marginal Private Cost

The additional cost borne by a producer for producing one extra unit of a good or service.