Econ 6.02 What are Externalities quiz – Flashcards
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State government approves a series of grants to fund job training. Which of the following is a negative externality?
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Money for conservation efforts would be eliminated.
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Sundar is preparing a research paper and has included the map above. His topic has to address negative externalities related to natural resources. Sundar is most likely writing a paper with which of the following titles?
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Humanity Spreads: Air pollution and Deforestation
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The state of Florida funds a program to recruit outstanding scholars and researchers to reduce pollutants in the Everglades and restore endangered species. Over time, area residents benefit from cleaner water resources, as well as from a thriving and unique ecosystem. Which of the following represent free riders in this example?
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Area Residents
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Which of the following would most likely constitute a negative externality affecting free resources?
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Groundwater Pollution
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What would be a positive externality for a developing nation, if a U.S. corporation and manufacturing company in a developing nation establish a fair trade agreement?
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Education levels may rise
