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National Income Aggregates & GDP · Question 64 of 69

Question 64

MediumOriginal question

Which of these is a positive externality?

A family's garden that beautifies the street for passers-byCorrect answerYour answerNoise from a construction siteCorrect answerYour answerA river polluted by a tanneryCorrect answerYour answerTraffic jams caused by too many carsCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

Others gain from the garden without paying, and GDP does not count that benefit.

Concept: Positive externalities
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsGDP and welfare

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