Which of the following is true?
A) If consumption of a good gives rise to a positive externality, it can be internalized by taxing the producers of the good.
B) If production of a good gives rise to a negative externality, it can be internalized by taxing the producers of the good.
C) If production of a good gives rise to a positive externality, it can be internalized by taxing the consumers of the good.
D) If consumption of a good gives rise to a negative externality, it can be internalized by subsidizing the purchase of the good.
B
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a. a discouraged worker b. underemployed c. overemployed d. unemployed e. not in the labor force
The maximin criterion seeks to minimize the maximum payoffs in order to win
a. True b. False Indicate whether the statement is true or false
List and describe the three functions of money
A regulation that specifies the maximum amount of a good or service that may be imported during a specified period of time is a:
A) quota. B) tariff. C) nontariff barrier. D) export quota.