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Author Question: List the five approaches used to solve the problem of externalities. What will be an ideal ... (Read 98 times)

penguins

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List the five approaches used to solve the problem of externalities.
 
  What will be an ideal response?

Question 2

Refer to Table 9-14. The percentage change in real average earnings from 1965 to 2010 equals
 
  A) 2.0 percent. B) 19.7 percent. C) 24.6 percent. D) 80.3 percent.



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sierrahalpin

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Answer to Question 1

(1.) Government-imposed taxes and subsidies.
(2.) Private bargaining and negotiation.
(3.) Legal rules and procedures.
(4.) The sale or auction of rights to impose externalities.
(5.) Direct government regulation.

Answer to Question 2

C





 

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