In the Case of a Negative Externality,the Government Can Use

question 30

Multiple Choice

In the case of a negative externality,the government can use a ________________ to turn an inefficient outcome into an efficient one.In the case of a positive externality,the government can use a ________________ to turn an inefficient outcome into an efficient one.

• A) tax; subsidy
• B) subsidy; tax
• C) tax; tax
• D) subsidy; subsidy

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Definitions:

Secondary Prevention

Strategies or actions taken to detect and treat an illness or condition early in its course to halt or slow its progression, ideally before it fully develops.

High-risk Situations

Scenarios or conditions that increase the likelihood of negative outcomes, such as accidents, diseases, or financial loss.

Gender Schema

A cognitive framework that organizes information relevant to gender, influencing how individuals perceive and interact with others based on gender norms and roles.

Traditionally Associated

Refers to things typically linked or connected due to cultural, historical, or common practice reasons.