In a payoff matrix for a three-player game, there are three payoffs in each cell. The third payoff goes to the column player

One way that government can increase the production of goods that have external benefits is to

A) tax the activity. B) subsidize the activity. C) use marketable permits. D) Both answers B and C are correct.

Which of the following is not one of the key services provided by the financial system?

A) risk sharing B) liquidity C) decreasing taxes D) generating information