What is a negative externality? - Vidyadip

Question

What is a negative externality?

✓

Answer

Activity resulting in harm to others is called a negative externality.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from National Income Accounting→National Income Accounting — all question types→Economics STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

Give two examples of micro economic studies.

Define depreciation reserve fund.

On the basis of the given data, estimate the value of Domestic Income (NDPFC):

S. No	Items	Amount (₹ in crore)
i	Household Consumption Expenditure	800
Ii	Gross Business Fixed Capital Formation	150
Iii	Gross Residential Construction Investment	120
iv	Government Final Consumption Expenditure	170
v	Excess of Imports over Exports	20
Vi	Inventory Investment	140
vii	Gross Public Investment	500
viii	Net Indirect Taxes	70
ix	Net Factor Income From Abroad	(-)50
x	Consumption of Fixed Capital	40

Explain the meaning of inflationary gap with the help of a diagram.

An economy is in equilibrium. Find investment expenditure:

National Income	=	1,000
Autonomous consumption	=	100
Marginal Propensity to consume	=	0.8

Giving reason, classify the into stock or flow.
Foreign Remittances (In flow of money).

Which among the following are final goods and which are intermediate goods? Give reasons.

Milk purchased by a tea stall.
Bus purchased by a school.
Juice purchased by a student from the school canteen.

Should we treat subsidies as transfer payments?

State briefly the effect of excess demand on output, employment and price.

Complete the following table:

Income	Saving	Marginal Propensity to Consume	Averge Propensity to Save
0	- 12	-	-
20	- 6	-	-
40	0	-	-
60	6	-	-