One Way That Government Can Encourage the Production of Goods

question 197

True/False

One way that government can encourage the production of goods or services that have external benefits is to subsidize the good or service.

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Definitions:

Cognitive Therapy

A psychological treatment method that aims to change unhelpful or destructive thought patterns.

Aversive Conditioning

A behavior modification technique where an undesirable behavior is paired with an unpleasant stimulus to reduce or eliminate that behavior.

Unconditioned Stimuli

A stimulus that naturally and automatically triggers an unconditioned response without prior conditioning.

Ethical Reasons

Justifications for actions or decisions based on moral principles and values.