An Action Creates an Externality If It

question 2

Multiple Choice

An action creates an externality if it

• A) Does not affect someone with whom the decision-maker has not engaged in a related market transaction
• B) Affects someone with whom the decision-maker has not engaged in a related market transaction
• C) Affects only those individuals engaged in the market transaction
• D) Affects only those individuals not in the market transaction

Identify and apply the steps key to implementing positive discipline in the workplace.

Recognize various downsizing strategies and their long-term objectives.

Identify job sectors at low risk of becoming obsolete due to automation and technological progress.

Describe tools and strategies proactive employers use to monitor and improve working conditions.

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Definitions:

Executive

The branch of government responsible for enforcing laws and administering public policy.

Judicial

Relating to the system of courts that interpret and apply the law in legal cases, or pertaining to judges and their activities.

Seventeenth Amendment

An amendment to the United States Constitution that established the direct election of U.S. Senators by the citizens of a state, rather than by state legislatures.

Direct Election

A method of choosing political officials where the voters directly cast ballots for the persons or political party that they desire to see elected.