The benefits (or harms) a firm or an individual causes to another for which they are not paid (or penalized) is referred to as ......... Option 1: Free moment of goods Option 2: Externalities. Option 3: Public Goods. Option 4: Environmental freedom.

The answer is 'Externalities.'. View full solution:

CUET Economics - The benefits (or harms) a firm or an individual causes to another for which they are not paid (or penalized) is referred to as ......... | PYQs + Solutions

CUET Economics 2025 13 May Shift 2

Macro

Easy

Free moment of goods

Externalities.

Public Goods.

Environmental freedom.

✅ Correct Option: 2

Related questions:

CUET Economics 2022 Slot 2

Match List I with List II

LIST I (National income terminology)	LIST II (Known as)
A. Income generated by own account workers	I. Nominal national income
B. National income at current prices	II. Corporate tax
C. Component of profit	III. Change in stock
D. Closing stock-opening stock	IV. Mixed income of self employed

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29 May Shift 2

Match List I with List II

	LIST I		LIST II
A.	Product will not pass through further transformation	I.	Capital Good
B.	A product used as raw material or input for production	II.	Final Good
C.	The good which enables for production on process	III.	Consumer Good
D.	Goods purchased by ultimate consumer	IV.	Intermediate Goods

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27 May Shift 2

Match List-I with List-II

List-I	List-II
(A) GVA at Market Prices	(I) GVA at basic prices - Net Production Taxes
(B) GVA at basic prices	(II) NNPMP - Net Product Taxes - Net Production Taxes
(C) GVA at factor cost	(III) GDP at market prices
(D) National Income (NI)	(IV) GVAMP - Net Product Taxes

Choose the correct answer from the options given below: