The benefits (or harms) a firm or an individual causes to another for which they are not paid (or penalised). What it is called? Option 1: Non-Monetary Exchanges Option 2: Externalities Option 3: Transfer Payments Option 4: Free Rider

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 penalised). What it is called? | PYQs + Solutions

CUET Economics 2026 6th June Shift 1

Macro

Easy

Non-Monetary Exchanges

Externalities

Transfer Payments

Free Rider

✅ Correct Option: 2