Examlex
What is meant by the term "internalizing an externality"? How does a Pigovian tax or subsidy internalize an externality?
Department of Homeland Security
A cabinet department of the U.S. government charged with protecting the United States from terrorist attacks and responding to natural disasters.
Cabinet-Level Department
A major administrative unit in the executive branch of the government, typically headed by a Secretary, that deals with broad areas of national policy.
Enabling Legislation
Laws that provide the necessary authority for an entity or agency to carry out its powers and duties.
Discretionary Powers
The authority granted to an official or a body to act according to their own judgment and conscience in certain situations.
Q1: Supply is elastic whenever the value of
Q15: Suppose the cross-price elasticity of demand between
Q35: With the increased usage of cell phone
Q71: Most food products have low income and
Q76: If the cross-price elasticity of demand between
Q89: Refer to Figure 5-15. The current market
Q184: Refer to Table 4-2. The table above
Q210: To affect the market outcome, a price
Q251: Which of the following is an example
Q397: A tax that imposes a small excess