Which of the Following Statements About a Well-Maintained Yard Best

question 71

Multiple Choice

Which of the following statements about a well-maintained yard best conveys the general nature of the externality?

• A)A well-maintained yard conveys a positive externality because it increases the home's market value.
• B)A well-maintained yard conveys a negative externality because it increases the property tax liability of the owner.
• C)A well-maintained yard conveys a positive externality because it increases the value of adjacent properties in the neighborhood.
• D)A well-maintained yard cannot provide any type of externality.

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Definitions:

Offer Price

The price at which a seller is willing to sell a security or commodity.

Government Bonds

Are debt securities issued by a government to support its spending, typically considered a low-risk investment.

Interest Rate

The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the loan amount.

Bond Worth

The current market value of a bond, reflecting investor perceptions of the issuer's creditworthiness and prevailing interest rates.