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Author Question: To correct for negative externalities, the government A) should allow the price system do the ... (Read 84 times)

penguins

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on: Jun 29, 2018
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

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

B

Answer to Question 2

B


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