This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What policy approach would an economist propose to internalize the externalities created by resource ... (Read 127 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
on: Jun 30, 2018
What policy approach would an economist propose to internalize the externalities created by resource use? What is the basis for, and objection to, this type of policy?
 
  What will be an ideal response?

Question 2

Autarchy as used in the text refers to
 
  (a) an economy that does not trade.
  (b) an economy that trades primary products in exchange for manufactures.
  (c) developing country dictatorships.
  (d) the caste system and related social structures.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 30, 2018
Answer to Question 1

The answer should discuss creating and improving the functioning of markets as the preferable policy approach, as opposed to standard-setting and direct provision. The basis for such an approach is the efficiency argument. Objections could cite examples where market instruments might not suffice.

Answer to Question 2

A


Caiter2013

  • Member
  • Posts: 607
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Thick filaments are bipolar structures created by the association of many myosin molecules Thick filaments are bipolar structures created by the association of many myosin molecules
Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that
Stepwise approach for managing asthma in adults and patients 12 years and older. Stepwise approach for managing asthma in adults and patients 12 years and older.
Environmental policy Environmental policy
Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach
Erosional Landforms Created by Alpine Glaciers Erosional Landforms Created by Alpine Glaciers
Video: Hormonal regulation of pregnancy - weeks 17 through 38

For a complete list of videos, visit our video library