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.

B

Economics

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How does the text distinguish between government and the market?

A) The government is the place around the capital city; the market is everywhere else. B) The government is populated with publicly-spirited people; the market is populated with selfish people. C) The government is based on cooperation; the market is based on competition. D) In all of the above ways. E) In none of the above ways.

Economics

In the 1980s, 1990s, and 2000s, the United States has had a

A) small trade surplus. B) small trade deficit. C) large trade deficit. D) large trade surplus.

Economics