When the government charges an output tax to eliminate an externality, it forces the manufacturer to ________ the negative externality
A) charge customers for
B) internalize
C) stop producing
D) increase the production of
B
You might also like to view...
A credit union is
A) a combination of credit card corporations. B) a depository institution owned by a social or economic group. C) a thrift institution that issues credit cards. D) a commercial bank owned by its depositors.
How are index numbers expressed?
a. as dollars b. as percentages c. as numbers d. as ratios
The small-economy assumption is necessary to analyze the gains and losses from international trade
a. True b. False Indicate whether the statement is true or false
Which of the following is an example of a normative statement?
A. The American Recovery and Reinvestment Act should not have been passed during the Great Recession. B. An increase in alcohol taxes will reduce the number of drunk driving accidents. C. Great Britain has fewer hospital beds per capita today than they did in 1948. D. Unemployment soared to 25 percent during the Great Depression.