Which of the Following Is a Common Method Used by Governments

question 35

Multiple Choice

Which of the following is a common method used by governments to cope with the situation in which the production of a good creates an external cost?

• A) Subsidising production
• B) Removing property rights
• C) Vouchers
• D) Marketable permits
• E) Lottery

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Definitions:

Canada

A country located in the northern part of North America, known for its vast landscapes and multicultural diversity.

Population Growth

The increase in the number of individuals in a population, often measured as an annual percentage.

Labor Force Growth

The increase in the number of individuals who are able and willing to work in a particular economy over time.