Which of the following might be a method that the government could use to promote the production of a good that generates positive externalities?
A) subsidies
B) regulations
C) financing additional production
D) All of the above are correct.
Answer: D
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Debt-for-nature swaps are most generally
(a) beneficial only to the developing country. (b) beneficial only to the developed country. (c) beneficial only to the bank which can write off the debt. (d) beneficial to all countries.
Compare and contrast the two normative standards to income distribution discussed in the text: The productivity standard and the egalitarian principle
What will be an ideal response?
The United States is a major exporter of
a. diamonds b. bauxite c. coffee d. corn e. gold
Free markets produce relatively high levels of efficiency but low rates of growth
a. True b. False Indicate whether the statement is true or false