Negative Externalities of Open Resources Arise Because _____

question 117

Multiple Choice

Negative externalities of open resources arise because _____

• A)there are no enforceable property rights to open-access resources.
• B)these are private goods and government enforces property rights.
• C)consumers have to pay for each unit of production.
• D)the government undertakes the distribution of these resources.
• E)these are available in finite amounts.

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Definitions:

Whole-Life

Refers to a type of life insurance policy that offers coverage for the life of the insured, typically including an investment component that builds cash value.

Universal Life

A type of flexible permanent life insurance offering the low-cost protection of term life insurance as well as a savings element, which is invested to provide a cash value buildup.

Asset Allocation Strategy

The process of dividing investments among different kinds of asset classes to optimize risk and reward according to an individual's or institution's objectives and risk tolerance.

Equities

Shares or stocks representing an ownership interest in corporations, providing a claim to part of the firm's assets and profits.