When the Government Chooses a Policy That Aligns Private Incentives

question 89

Multiple Choice

When the government chooses a policy that aligns private incentives with social efficiency to solve an externality problem,it

• A)provides incentives to private decisionmakers to induce them to solve the externality problem on their own.
• B)typically uses command-and-control techniques.
• C)uses taxes more often than subsidies.
• D)uses subsidies more often than taxes.

Learn about the physical components of file folders and their functions.

Understand different types of filing systems and their applications.

Learn about filing procedure steps including indexing, inspecting, sorting, coding, and storing.

Identify specific filing tools and their uses (out guides, file guides, etc.).

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Definitions:

Perfectly Competitive

a market structure characterized by a large number of small firms, a homogeneous product, perfect information, and no barriers to entry or exit.

Patents

Legal documents granting an inventor exclusive rights to produce, use, and sell their invention for a specific period of time.

New Drugs

Refers to medications or therapies that have recently been developed and introduced to the market, typically after undergoing rigorous testing and approval processes.

Manufacture

The process of making goods on a large scale using labor and machines, typically within a factory setting.