A possible solution to the problems of external benefits is

A) to tax those receiving the extra benefits.
B) production of the good by government.
C) effluent fees.
D) to restrict the amount of the good through direct government regulation.

B

Economics

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The amendment to the U.S. Constitution that granted the federal government the authority to collect income taxes was the

A. 8th. B. 26th. C. 28th. D. 16th.

Economics

If Ricardian equivalence holds, one way to get the expansionary effects of a tax cut to occur is:

A. pair it with increased government spending. B. pair it with reduced government spending. C. to run a campaign inspiring people to buy goods made in the United States. D. None of these will create the expansionary effects of a tax cut.

Economics