Economics test question? Cant find in notes -_-?

[sheridan93]

1. An automobile company is building a new factory in your town. What may be a positive externality of this event?

noise produced by the workers and factory machines

better schools from increase in property tax revenue

reduction of contaminants in the local water supply

improvement in the level of pollutants in the air

Question 2 (Multiple Choice Worth 5 points)

2.An example of a public good is a

law firm.

paved road.

private school.

grocery store.



3.Which statement exemplifies a government attempt to reduce a negative externality’s impact?

Neighborhood children obtain local business sponsorships to hold a beach cleanup.

A business sponsors a recycling program for all old computer monitors from local residents.

A county council reduces property taxes for businesses that reduce electric consumption by 10%.

A state government awards a contract to an engineering firm to design five new overpasses in urban areas.

4. You have a lot of free time after school. You applied for a temporary job to save money for college. Two companies called to offer you a part-time position. The criterion likely to be most important to you in choosing which company to work for is the

pay rate.

schedule.

nature of work.

ability to advance.

What I think;
1. B
2. C
3. D.
4. A.