Corrective taxes work by ______.
a. internalizing external costs
b. externalizing internal costs
c. subsidizing moral hazards
d. criminalizing adverse selection
a. internalizing external costs
Economics
You might also like to view...
A graph showing the inverse relationship between the economy's rate of unemployment and rate of inflation is called the:
a. Laffer curve. b. aggregate expenditure model. c. Keynesian cross. d. Phillips curve. e. consumption curve.
Economics
A country temporarily producing a combination of 12 units of guns and 5 units of butter would be ________________ (outside/on/inside) the production possibilities curve.
Economics