Which of the following is an example of a positive externality?
a. A local community planting 10,000 trees for green space renewal projects
b. A gold mine discharging arsenic into a natural lake
c. Excessive clear cutting of wood resources by logging companies
d. Increased levels of air pollution in neighborhoods near a football stadium
a
You might also like to view...
The service a homeowner performs when she mows her yard is not included in GDP because ________.
A. multiple counting would be involved B. this is a noninvestment transaction C. this is a nonproduction activity D. this is a nonmarket transaction
How can the federal government use discretionary fiscal policy to stimulate the economy?
What will be an ideal response?
What two factors should you equate in deciding how many workers to employ?
A) The marginal product of labor and the marginal product of capital B) The marginal product of labor and the real wage rate C) The marginal product of labor and the real interest rate D) The marginal product of capital and the real wage rate
Only socialist economies need to answer the What, How, and For Whom questions
a. True b. False Indicate whether the statement is true or false