Answer:
<em>Transfer payments</em>
Explanation:
John Maynard Keynes in his theory of total spending argued that consumers need to spend to maintain an economy. He stated that an increase in spending will replicate the effect in an economy and the government needs to spend more to reduce unemployment.
John Maynard Keynes categories of spending include;
- <em> Consumption spending,</em>
- <em>investment </em>
- <em>government Purchases or expenditure </em>
- <em>and net export </em>
Transfer payments are not categorized in John Maynard's categories of spending.
<span>The answer is “negative externalities.” Externalities are additional positive or negative consequences (costs or benefits) that happen to a third party, who did not have any decision in the matter at hand. Some examples of negative externalities which affect society or the environment include increased air pollution in a residential neighborhood due to the construction of a highway nearby or the destruction of wetlands due to the construction of a dam upriver. It is the government’s job to study and regulate the possible negative externalities before projects are undertaken in order to limit their impact.</span>
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