Pollution

question 50

Multiple Choice

Pollution:

• A)should be corrected by subsidizing the offending businesses
• B)is not an economic problem because it is external to the market system
• C)is an example of a public good
• D)is an example of a spillover cost
• E)is an example of a spillover benefit

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Definitions:

Created

Brought into existence; originated or produced something new.

Family Waqf

An endowment made by a Muslim for religious, educational, or charitable purposes, typically for the benefit of family members.

Trust System

A legal arrangement in which trustors entrust their assets to trustees for the benefit of beneficiaries according to the terms specified in the trust agreement.

Civil Law

The body of laws that govern the rights and responsibilities either between persons or between persons and their government.