By Ignoring the ________,Economies Create a False Idea of the _______

question 59

Multiple Choice

By ignoring the ________,economies create a false idea of the _______ of particular choices.

• A)internal costs; external cost
• B)true costs; external cost
• C)external costs; true cost
• D)true costs; circular system
• E)internal costs; true cost

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Definitions:

Beneficial

Resulting in a good outcome or advantage.

Government Intervene

Actions taken by a government to influence or directly manage an economy or specific markets, often aiming to correct market failures, redistribute resources, or stabilize the economy.

Market

A place or mechanism where buyers and sellers interact to trade goods, services, or assets, determining prices through supply and demand.

Money Supply

The entirety of cash, coins, and checking and savings account balances that make up the financial assets in an economy at a specific point in time.