In order to increase society's well-being, a process that produces a positive externality might be
a. taxed to discourage production
b. subsidized to encourage production
c. taxed to encourage production
d. subsidized to discourage production
e. provided without government intervention
B
Economics
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An example of a U.S. export is
A) diamonds mined in Africa sold to buyers in South America. B) a TV made in China sold to a buyer in Azerbaijan. C) matchbooks made in Mexico sold to a buyer in New Jersey. D) a washing machine made in Indiana sold to a buyer in France. E) pasta made in Italy sold to buyers in Spain.
Economics
The largest amount of state and local spending is spent on highways and other roads
a. True b. False
Economics