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Question Three: Markets and Externalities To help families during the Covid Crises, the Federal Government has been providing Advance Child Credit Payments to families. 1.
Question Three: Markets and Externalities To help families during the Covid Crises, the Federal Government has been providing Advance Child Credit Payments to families. 1. Are the payments designed to deal with a negative externality or a positive externality? Explain in detail. 2. Will the payments shift the Demand or the Supply curves? Explain in detail. 3. Who will benefit from the shift you identified in Question 2? Explain in detail. 4. How will the Government finance these payments? Explain in detail
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