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    Exam 15: The Shortcomings of Free Markets
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    An Externality Is an Event That
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An Externality Is an Event That

Question 137

Question 137

Multiple Choice

An externality is an event that


A) is external to economics.
B) always brings harm to someone in the economy.
C) is incidental to some market activity.
D) harms the economy as a whole rather than a particular person.

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