Government can correct for negative externalities by A) ...

[Alygatorr01285]

Government can correct for negative externalities by
 
  A) decreasing taxes.
  B) increasing taxes or regulation.
  C) allowing the market system to correct the problem.
  D) decreasing the costs to those responsible for the externality.

Question 2

People respond to incentives
 
  A) by ignoring negative incentives and responding to positive incentives only.
  B) only when they are irrational.
  C) as they never intentionally make decisions that would leave them worse off.
  D) when they have low incomes.

[bimper21]

Answer to Question 1

B

Answer to Question 2

C

[Alygatorr01285]

Thanks for the timely response, appreciate it

[bimper21]

TYSM