[Solved] Which of the following is NOT a common dream theme? A) falling or being chased B) things going wrong C) being naked or otherwise embarrassed D) watching television Externality Problem: A situation in which a third party is affected by the consequences of a transaction or activity between others, either positively or negatively. Private Contract: An agreement between private parties that creates mutual obligations enforceable by law. Pollution Permits: Tradable permits issued by governments that allow the holder to emit a certain amount of pollution; used to control and reduce environmental harm. Corrective Taxes: Taxes designed to internalize externalities, typically by charging for negative externalities to correct market outcomes.