When a Negative Externality Exists,_______________________ and Thus _______________ Intervention May

question 51

Multiple Choice

When a negative externality exists,_______________________ and thus _______________ intervention may be needed to achieve efficiency.

• A) external costs are necessarily greater than private costs; government
• B) social costs equal private costs; no government
• C) social costs are less than private costs; government
• D) social costs are greater than private costs; government
• E) none of the above

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Definitions:

Gradual Exposure

A therapeutic technique involving slowly introducing the subject to the source of their fear or anxiety to lessen the response over time.

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, thought to be linked to empathy and learning by imitation.

Imitative Behavior

The action of copying or mimicking the behavior, actions, or gestures of others as a form of learning or social interaction.

Interneurons

A type of neuron that transmits signals between sensory neurons and motor neurons, playing a critical role in reflexes and the central nervous system's processing of information.