Which of the Following Best Describes an Externality

question 258

Multiple Choice

Which of the following best describes an externality?

• A) something that is external to the economy
• B) a sales tax on a good in addition to the market price
• C) an effect of a transaction felt by someone other than the buyer or seller
• D) anything produced in other countries
• E) a change from what is normal

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Definitions:

Specific Language Impairment

Specific Language Impairment is a developmental disorder that affects language acquisition in children without accompanying hearing loss or cognitive impairment.

Williams Syndrome

A genetic condition characterized by medical problems, including cardiovascular disease, developmental delays, and learning disabilities alongside a unique personality profile that includes being highly social and having an affinity for music.

Past Tense

A grammatical term indicating that an action or condition occurred at a specific time in the past.

Manual Signals

Hand signals or gestures used to communicate messages, often in situations where verbal communication is not possible or practical.