Because of the Positive Externality of Vaccinations, Economic Efficiency Would

question 164

Multiple Choice

Because of the positive externality of vaccinations, economic efficiency would be improved

• A)if fewer people were vaccinated.
• B)if more people were vaccinated.
• C)only if all people were vaccinated.
• D)only if no people were vaccinated.

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Definitions:

Consequences

Outcomes or effects that result from a previous action or decision, either positive or negative in nature.

Upton Sinclair

An American writer and social activist, famous for his novel "The Jungle" which exposed the harsh conditions of the U.S. meatpacking industry, leading to significant food safety reforms.

The Jungle

A 1906 novel by Upton Sinclair exposing the harsh conditions and exploited lives of immigrants in the United States in Chicago and similar industrialized cities.

Progressive Agenda

Refers to a set of political and social ideologies aimed at promoting social justice, addressing inequalities, and embracing reform to improve society.