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    Exam 14: Capital, Interest, and Profits Part Four: Applications of Economic Principles
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    An Externality Is an Activity That Imposes Involuntary Costs or Benefits
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An Externality Is an Activity That Imposes Involuntary Costs or Benefits

Question 36

Question 36

True/False

An externality is an activity that imposes involuntary costs or benefits on others, or an activity whose effects are not completely reflected in its market price.

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