The concept of external benefit is associated with a negative externality, but not with a positive externality

Which of the following will be categorized as an intermediate good in national income accounting?

a. The value of oregano used as a seasoning for pizzas b. The crops consumed by a farmer's family members c. The present value of a car produced a couple of years ago d. A clunker sold during the current year e. The value of an antique piece of jewelry handed down over generations in a family

Economists try to address their subject with a scientist's objectivity

a. True b. False Indicate whether the statement is true or false