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    Exam 5: Public Spending and Public Choice
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    An Economic Activity in Which Benefits or Costs Affect Third
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An Economic Activity in Which Benefits or Costs Affect Third

Question 17

Question 17

Multiple Choice

An economic activity in which benefits or costs affect third parties is called


A) a public good.
B) a third-party good.
C) the exclusion principle.
D) an externality.

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