Which of the following gives rise to a pecuniary externality?
A) Excessive consumption of alcohol leading to ill health
B) Sudden increase in the demand for diamonds leading to an increase in their price
C) Deforestation leading to the extinction of many species
D) Globalization leading to the displacement of indigenous workers
B
Economics
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In terms of efficiency, any point on a production possibilities frontier is as good another
a. True b. False Indicate whether the statement is true or false
Economics
Refer to the information provided in Table 21.6 below to answer the question(s) that follow. Table 21.6
Refer to Table 21.6. The value for gross domestic product in billions of dollars is
A. 3,800. B. 4,000. C. 4,500. D. 4,600.
Economics