Question
Internalizing an externality means Select one: a.government imposes regulations that eliminate the externality completely. b.the good becomes a public good. c.government regulations or taxes are
Internalizing an externality means
Select one:
a.government imposes regulations that eliminate the externality completely.
b.the good becomes a public good.
c.government regulations or taxes are sufficient to eliminate the externality completely.
d.incentives are altered so that people take account of the external effects of their actions.
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
8th edition
134492005, 978-0134492001
