Which One of the Following Is NOT Part of Externalities

question 27

Multiple Choice

Which one of the following is NOT part of externalities?

• A) union pension costs and regulations
• B) high borrowing rate
• C) labour regulations
• D) cost of carbon emissions

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Definitions:

National Debt

describes the total amount of money that a country's government has borrowed and not yet repaid.

Fiscal Policy

Government policy regarding taxation and spending to influence the economy.

John Maynard Keynes

A British economist whose theories on the causes of prolonged unemployment and the importance of governmental fiscal and monetary policies founded Keynesian economics.

Federal Budget Deficit

The shortfall that occurs when the U.S. government's expenditures exceed its revenues within a fiscal year.