Who are the only ones not affected when a Pigouvian subsidy is implemented for a positive externality in a market?
A. Producers
B. Consumers
C. Those affected by the externality
D. All of these groups are affected when it becomes internalized.
D. All of these groups are affected when it becomes internalized.
Economics
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What are the effects of an expansionary fiscal policy on interest rates and output in an open economy with floating exchange rates?
What will be an ideal response?
Economics
Which statement about oligopoly is false?
A. Monopolistic firms recognize their interdependence B. Prices in oligopoly are predicted to fluctuate widely and frequently C. A few firms play an important role in the sale of a product D. One firm's behavior is a function of what its rivals do
Economics