Answer:
C) cost of rebuilding roads damaged by trucks heavily loaded with goods
Explanation:
Externality is a microeconomic concept that aims to explain the positive or negative impact that an economic activity has on third parties. If by exercising an economic activity, a company indirectly benefits society or community, the externality is positive. If economic activity negatively impacts the surrounding community, externality is said to be negative.
For example, the pollution that an industry emits in the production process has deleterious effects throughout society, being a negative externality. Likewise, a truck causes potholes in the road, this is a negative externality, since all citizens' taxes, including most non-truckers, will be used to restore potholes in the roadway.
Answer:
Option A Nominal GDP for a given year is measured in dollars of that year, whereas real GDP is measured in dollars of some based year
Explanation:
The reason is that the nominal GDP includes the affects of inflation of the year whereas Real GDP is inflation excluded amount which means its tells GDP in terms of base year prices. The difference between the nominal GDP and the real GDP is because of inflation which is the only additional thing in the nominal GDP. So the best answer here which gives this explanation is option A.
Answer:
c. to understand which variables are the cause and which variables are the effect of a phenomenon.
Explanation:
Descriptive research is a research where the population is described or the situation is to be studied. Here the focus is to answer the questions in terms of how, what, where, and when instead of why.
So as per the given optiosn, the option c is incorrect as the option a, b and d represent the descriptive research
So the left option i.e. option c is to be choosen
Nothing much. I’m happy that I got no school today. At least I get to sleep more :)