Multiple Choice
Jack wants to buy a new house.But the surge in housing demand over the past few months has led to a sharp increase in housing prices,making it impossible for him to buy one on his current income.This is an example of a ________.
A) positive externality
B) negative externality
C) pecuniary externality
D) conspicuous externality
Correct Answer:
Verified
Correct Answer:
Verified
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