Which of the Following Best Describes an Externality

question 258

Multiple Choice

Which of the following best describes an externality?

• A) something that is external to the economy
• B) a sales tax on a good in addition to the market price
• C) an effect of a transaction felt by someone other than the buyer or seller
• D) anything produced in other countries
• E) a change from what is normal

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Definitions:

Deafness

A condition of partial or total inability to hear, which can severely affect communication and may require adaptations such as sign language or cochlear implants.

Ultrasound

A medical imaging technique that uses high-frequency sound waves to create images of structures within the body.

Fetus's Head

The head part of a fetus, which is the developing stage of a vertebrate, especially a human, in the womb.

Multiple Pregnancies

A pregnancy involving more than one fetus, e.g., twins or triplets.