This topic contains a solution. Click here to go to the answer

Author Question: The government can act to internalize externalities by taxing goods that have negative externalities ... (Read 161 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
The government can act to internalize externalities by taxing goods that have negative externalities and subsidizing goods that have positive externalities.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the economy has substantial unemployment, then the inflationary costs of expansionary policy are likely to be:
 a. low, and the unemployment gains minimal.
  b. low, and the unemployment gains large.
 c. high, and the unemployment gains minimal.
  d. high, and the unemployment gains large.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

True

Answer to Question 2

b





 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library