When the government makes the people creating an externality, pay for it, the externality is said to be internalized
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following statements is true?
a. Foreigners owned $16.30 in U.S. assets b. U.S. residents owned $13.8 trillion in foreign assets c. U.S. residents owned $2.5 trillion more assets in the United States than foreigners owned abroad d. Foreign purchases of assets in the U.S. subtract from America's productive capacity e. Income from foreign-owned assets in the U.S. flows to Americans
During the financial crisis of 2007-2009, both fiscal and monetary policy turned more expansionary
a. True b. False Indicate whether the statement is true or false
The Moonbeam Corporation produces most of the total output in its industry. The firm unilaterally lowers its price to less than average variable cost until a competitor leaves the market. This example highlights ______.
a. collusive oligopoly b. perfect competition c. predatory pricing d. price discrimination
The slope of a graph that shows a direct relationship is
What will be an ideal response?