To Address the Problems Created by Negative Externalities, Economists Prefer

question 66

Multiple Choice

To address the problems created by negative externalities, economists prefer programs that:

• A) require government to conserve, using general tax revenues to pay for the program.
• B) require all people to reduce consumption equally.
• C) make people who have the lowest benefit of reducing consumption choose to undertake the most reduction.
• D) make people who have the lowest cost of reducing consumption choose to undertake the most reduction.

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Definitions:

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty.

Conjuncts

Components within a conjunction, which is a compound statement formed by combining two or more statements with the connector "and".

Contingencies

Possible, future events or conditions that might affect the outcome of a plan or project, often requiring planning for different scenarios.

Disjunct

One of the alternatives or options presented in a disjunctive proposition or statement.