Examlex
Which of the following is NOT an example of an externality?
Positive Statement
An objective statement based on facts that can be tested and verified.
Education
The process of receiving or giving systematic instruction, especially at a school or university, that aims to improve knowledge and develop skills.
Wage Rate
The amount of money paid for a specific unit of time or work, often expressed per hour or per piece of work done.
Fallacy of Composition
The incorrect belief that what is true for the individual is necessarily true for the group as a whole.
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