What Type of Government Policy Is Generally Used When a Positive

question 330

Multiple Choice

What type of government policy is generally used when a positive externality is present?

• A) taxes
• B) restrictions on consumption
• C) restrictions on production
• D) subsidies

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Definitions:

Gifted

Describing individuals who possess above-average intelligence or talents in specific areas.

Psychological

Pertaining to the mind or mental processes, involving aspects of cognitive, emotional, and social behavior and functions.

Personality Problems

Difficulties in the enduring pattern of thinking, feeling, and behaving that significantly deviate from the expectations of one's culture, causing distress or impaired functioning.

Problem Solving

Process of cognition that occurs when a goal must be reached by thinking and behaving in certain ways.