Author Question: To correct for negative externalities, the government A) should allow the price system do the ... (Read 70 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
To correct for negative externalities, the government
 
  A) should allow the price system do the correction.
  B) can impose a tax.
  C) can provide a subsidy to consumers.
  D) should create a public good.

Question 2

Underlying economic theory is the idea that
 
  A) people respond only to negative incentives, not to positive ones.
  B) choices are affected by both positive and negative incentives.
  C) value judgments do not play a role in the economic decisions people make.
  D) money is the only incentive that matters.



covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

For a complete list of videos, visit our video library