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Budget Boosts Funding for the Arts Canadas biggest arts and cultural institutions, including the CBC and Radio-Canada, are getting a $182 million budget increase

Budget Boosts Funding for the Arts

          Canada’s biggest arts and cultural institutions, including the CBC and Radio-Canada, are getting a $182 million budget increase over the next five years.

Source: CBC News, March 22, 2016

4.       What external benefits are associated with the arts and public broadcast services?

5.       Draw a graph to illustrate and explain why the market for arts creates a deadweight loss.

6.      Draw a graph to illustrate and explain how the budget increase described in the news clip might improve efficiency.

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External benefits associated with the arts and public broadcast services include a Cultural Enrichment The arts contribute to the cultural identity and heritage of a society preserving and promoting i... blur-text-image

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