Consider a Housing Development Built near an Existing Airport

question 101

Multiple Choice

Consider a housing development built near an existing airport.After the houses are occupied,homeowners complain that the airport imposes a negative externality on them and it should be moved or otherwise limited.Is the airport a negative externality?

• A) No, the airport was there first.
• B) No, if the original property values reflect the costs imposed by the airport.
• C) No, airports are government entities and therefore don't impose costs on individuals.
• D) Yes, the airport's noise should be curtailed for the well-being of the homeowners.

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Definitions:

Impulsive

The tendency to act on a whim, displaying behavior characterized by little or no forethought, reflection, or consideration of the consequences.

Narcissistic Personality Disorder

A mental condition characterized by a long-term pattern of exaggerated self-importance, a need for excessive attention, and a lack of empathy for others.

Assessment Findings

Outcomes or conclusions derived from systematically evaluating information, typically in a professional setting like healthcare or education.

Grandiosity

An exaggerated sense of one's importance, power, knowledge, or identity, often seen in manic episodes and certain personality disorders.