On the Price Is Right, Bob Barker (And Now Drew

question 53

Multiple Choice

On the Price Is Right, Bob Barker (and now Drew Carey) encourages people to "Help control the pet population. Have your pets spayed or neutered." An overly large pet population leads to many stray animals that are not only depressing but are also prone to spread disease. Concerning pet ownership, Barker and Carey are attempting to do what?

• A) internalize some of its costs
• B) internalize some of its benefits
• C) employ Pigouvian taxes
• D) use the Coase theorem

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Definitions:

Poor People

Individuals or groups who lack sufficient financial resources to meet basic living expenses such as food, shelter, and healthcare.

Uninsured

refers to individuals or entities that lack insurance coverage, potentially exposing them to financial risk in the face of unexpected losses or health issues.

Economists

Professionals who study, develop, and apply theories and concepts from economics, and write about economic policy.

Health Care

The organized provision of medical services to individuals or a community, including preventive, diagnostic, therapeutic, and rehabilitative services.