_____________ are the costs produced by private economic activity, but not included in the purchase price of those goods

A. Severances
B. Externalities
C. Social Goods
D. Circuit Breakers


Answer: B

Political Science

You might also like to view...

Which of the following is true about the Department of Education?

A. It was created by President George H.W. Bush as a diversionary political response to rising gas prices. B. It was abolished by President Ronald Reagan and its duties moved to the Department of the Interior. C. It was created by President Jimmy Carter in an effort to keep his promise to teachers whose support had been crucial to his bid for the White House. D. It was stripped of the authority to regulate nuclear power plants and oil importation by President George W. Bush.

Political Science

During the Great Depression, President Franklin D. Roosevelt initiated a series of legislative proposals to boost the economy and put people back to work. Initially, the Supreme Court declared these initiatives to be ______________________ but later reversed themselves.

a. placing an undue financial burden on the nation b. violating the implied powers of Congress c. playing a role in controversial policy matters d. an unconstitutional overreach of presidential powers

Political Science

Which of the following statements about career civil servants in senior executive service positions is FALSE?

A. They give up job security for higher pay. B. They hold most of the top policy-related patronage positions. C. They are immune from firing except for misfeasance, nonfeasance, and malfeasance. D. They can be moved between agencies. E. They can be moved from job to job.

Political Science

2 Equity developed as a rival to:

a. socialist law b. court of chancery c. common law d. code law e. criminal law

Political Science