Students arriving late to class are a potential negative ...

[olgavictoria]

Students arriving late to class are a potential negative externality because their tardiness may interrupt the instructor and distract students.
 
  Can you think of any way in which this externality could be curbed? That is, can you think of any methods that could be employedto internalize this negative externality?

Question 2

Adoption of the euro as both a medium of exchange and unit of account in the EU countries serves to increase competition among European firms and decrease individual countries' monetary policy options when confronted by recessions and booms.
 
  Indicate whether the statement is true or false

[maya.nigrin17@yahoo.com]

Answer to Question 1

There are many possible answers to this question. One method might be for the instructor to announce in advance that students will be docked a certain number of points from their grade for each incidence of tardiness.

Answer to Question 2

TRUE