A city can subsidize commuting via public transit by giving public funds to buses and subways. A
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A city can subsidize commuting via public transit by giving public funds to buses and subways. A city also subsidizes commuting by car by spending public funds to maintain roads and bridges. How are total negative externalities affected by public funding of buses and subways? How are negative externalities affected by public funding for roads and bridges? If a city wants to engage in corrective taxation, how might it adjust public subsidies of various methods of urban travel?
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Total negative externalities in the context of urban transportation refer to the overall social costs imposed on society due to the use of different modes of travel These costs can include congestion ...View the full answer
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Related Book For 
Public Finance A Contemporary Application Of Theory To Policy
ISBN: 9780538754460
10th Edition
Authors: David N Hyman
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