Government Can Deal with Externalities Through the Use of Taxes

question 156

True/False

Government can deal with externalities through the use of taxes and subsidies.

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Definitions:

Form Follows Function

A principle in design and architecture where the shape of a building or object should primarily relate to its intended function or purpose.

Concise

Expressing or covering much in few words; brief in form but comprehensive in scope.

Relevant Information

Data or facts that are directly related to the topic at hand or are useful for making decisions or solving problems.

You-attitude

A communication approach focusing on the receiver's needs and interests rather than the sender's.