QUIZ KEYS FOR CHAPTER 3 IN WHEELAN AND CHAPTER 7 IN COLANDER

WHEELAN:

1. What is an externality? Give three examples.

2. Name five different roles of government citing a brief example of each.

COLANDER:

1. Draw and explain the graph on page 156 (7-2).

2. Draw and explain the graph on page 162 illustrating the draft.

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