Examlex
Which of the following are related to VaR analysis?
I. beta
II. standard deviation
III. expected return
IV. time
Marginal Social Benefit
The additional benefit to society from one more unit of a good or service being produced and consumed.
Marginal Social Cost
The additional cost incurred by society as a whole from producing one more unit of a good or service, including both private costs and any externalities.
Pollution
The introduction of harmful substances or products into the environment, causing adverse effects.
External Benefit
A positive effect experienced by a third party due to an economic transaction they were not directly involved in.
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