Author Question: An externality is_____. a. an unintended by-product of market exchange that is allocated outside ... (Read 143 times)

bio_gurl · **on:** Jul 1, 2018

An externality is_____.

a. an unintended by-product of market exchange that is allocated outside the market system
b. an intended by-product of market exchange that is allocated outside the market system
c. an unintended by-product of market exchange that is allocated within the market system
d. an intended by-product of market exchange that is allocated within the market system

Question 2

The federal corporate income tax rate in 2003 was about _____ for most corporations.

a. 28 percent
b. 35 percent
c. 42 percent
d. 47 percent