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Author Question: Explain how mandatory seat belt laws may reduce the negative externalities of risky behavior. ... (Read 101 times)

storky111

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on: Jun 29, 2018
Explain how mandatory seat belt laws may reduce the negative externalities of risky behavior.
 
  What will be an ideal response?

Question 2

Empirical evidence shows that the impact of government budget deficits and surpluses on the equilibrium interest rate is quite large.
 
  Indicate whether the statement is true or false
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pangili4

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Mandatory seat belt laws are designed to reduce the severity of injuries resulting from traffic accidents. By requiring all passengers in a vehicle to wear seat belts, the chances of serious injury are smaller, even when other drivers engage in risky behavior like speeding or reckless driving.

Answer to Question 2

FALSE


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