A Negative Externality Is Created by

question 129

Multiple Choice

A negative externality is created by

• A)cleaning up the sidewalk on your block.
• B)graduating from university.
• C)repainting the house you live in to improve its appearance.
• D)keeping a junked car parked on your front lawn.

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Definitions:

Balance Of Payments

A record of all economic transactions during a given period between residents of one country and residents of the rest of the world.

Euros

The eurozone's official currency, adopted by 19 out of the 27 countries in the European Union.

Financial Account

A component of the balance of payments that records transactions involving financial assets and liabilities between residents of a country and the rest of the world.

Monetary Policies

Policies undertaken by a nation's central bank to control the money supply and interest rates to achieve macroeconomic goals.