Of the following, which is the best example of an externality?
A) a decision made by a U.S. company to move its operations overseas
B) a decision by a company to fire undocumented workers
C) the pollution that results from a firm's manufacturing process but for which the firm doesn't have to pay
D) the share of a firm's profits that are donated to charities
E) the share of a firm's profits that are paid out as dividends to stock holders
Correct Answer:
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Q12: According to the text, capitalism is usually
Q13: The main component of the structural bias
Q14: According to the text, what accounts for
Q15: Because they own and control the means
Q16: The term private government refers to
A) corporations'
Q18: Compared with workers who do the same
Q19: Which of the following is a second
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Q21: Summarize with examples how, according to the
Q22: Compared with other rich capitalist democracies, the
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