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_ With a positive externality, the government needs to increase supply by subsidizing price. The price needs to be raised in order to encourage more
_ With a positive externality, the government needs to increase supply by subsidizing price. The price needs to be raised in order to encourage more of the good to be supplied. True False D Question 33 1 pts The central assumption of public choice is that politicians pursue their own self-interest and act to maximize their political fortunes. True ' False \fD Question 35 1 pts Logrolling can improve upon majority rule because it imposes the appropriate tax. it offsets the winner's curse. economically beneficial policies or projects, that would lose a popular vote, may still win by vote trading. it protects minority rights. D Question 36 1 pts A contributing factor to the Greek government-debt crisis that started in 2008 was the debt incurred to host the 2004 Olympics. O True O False2 New baseball stadiums are smaller than they used to be because technological advances allow teams to seat more fans in a smaller space. baseball is less popularthan it used to be. baseball teams no longer share ballparks with football teams. cities are becoming more careful about spending their money. D Question 40 1 pts Teams can persuade host cities to build them new stadiums because teams can always threaten to re-locate the team. citizens are indifferent concerning whether a team leaves. players are great at arguing for new stadiums. politicians would always be re-elected if they let a team leave their city
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