The Office of the Presidency Was Established by Article ________

question 17

Multiple Choice

The office of the presidency was established by Article ________ of the Constitution.

• A)I
• B)II
• C)III
• D)V

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Definitions:

Marginal Social Costs

The additional cost incurred by society as a whole from the production of one more unit of a good or service.

Abatement Costs

Expenses incurred by firms to reduce environmental negatives, such as pollution.

Pollution Standard

Pollution standards are regulatory norms established by governments or international bodies to limit the concentration of harmful substances released into the environment.

Social Rate

Often refers to the rate of return on a public investment or project that includes both the private and external benefits to society.