Externalities Exist When the Actions of One Agent

question 21

Multiple Choice

Externalities exist when the actions of one agent:

• A) benefit or hurt another agent who is not part of the exchange relationship.
• B) hurts the agent committing the action
• C) benefits the agent committing the action
• D) benefit or hurt another agent who is a part of the exchange relationship

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Definitions:

Freudian Psychoanalysis

A rephrasing of Psychoanalysis, highlighting its origin with Freud and focusing on the analysis of the unconscious mind and the resolution of repressed conflicts.

Free Will

The ability of individuals to make choices that are not determined by pre-existing causes or divine intervention.

Anna Freud

Austrian-British psychoanalyst and daughter of Sigmund Freud, known for her pioneering work in child psychoanalysis.

Reported Dreams

The recounting or description of dreams by individuals upon waking, often used in psychological research and therapy to understand unconscious desires or concerns.