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

question 80

Multiple Choice

When a positive 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:

Double-masked

A study design where neither the participants nor the experimenters know who is receiving a particular treatment, used to prevent bias.

Epidemiological

Relating to the study of how diseases affect the health and illness of populations.

Longitudinal

Involving repeated observations or examinations of the same subjects over a period of time, usually to study changes or outcomes.

Gender Differences

The distinct variations in characteristics, behaviors, and roles commonly associated with being male or female in a society.