A Negative Externality

question 375

Multiple Choice

A negative externality

• A)is a cost to a bystander.
• B)is a cost to the buyer.
• C)is a cost to the seller.
• D)exists with all market transactions.

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Definitions:

Statistically Significant

A determination that a result from data analysis is likely not due to chance at a predetermined level of significance.

Observation Period

The specific time frame over which data is collected or observations are made, often used in statistical analyses and studies.

High Variance

Refers to a wide range of outcomes or values in a set of data, indicating a high level of volatility or risk.

M2 Measure

A broad measure of a country's money supply that includes cash, checking deposits, and easily convertible near money.