________ is (are) an example of selling externality rights.
A. Having the damaged party avoid the damage
B. Direct subsidies for positive externalities
C. Auctioning the right have a garage sale each year
D. Government imposed taxes
Answer: C
Economics
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According to the demand pull theory, which is responsible for inflation?
a. producers raise prices to meet existing demand b. the economy is in a wage price spiral c. too much money is in circulation d. Demand for goods and services exceeds existing supply
Economics
Computer forecasting models are most accurate at predicting the economy when
a. inflation is accelerating. b. there is a turn in the business cycle. c. economic conditions are relatively stable. d. supply shocks impact the economy.
Economics