Multiple Choice
Which of the following is NOT an example of an externality?
A) The development of a vaccine for preventing SARS.
B) Gas prices that rise in the summer due to increased vacation travel.
C) Shipbreaking that industrial nations have exported to less developed countries.
D) A factory that dumps dangerous chemicals into Lake Erie.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: The circular flow model shows the relationships
Q51: Which statement is true?<br>A)In the United States
Q52: Which of the following is NOT an
Q53: Under a communist system,<br>A)consumer decisions are not
Q54: Which statement is false?<br>A)Under Soviet communism,government planning
Q56: An example of a public good would
Q57: The price system is based on the
Q58: Which is true about the means of
Q59: A nation which has many active free
Q60: Market failure means that <br>A)the law of