If the Production of a Good Generates External Benefits,the Government

question 73

Multiple Choice

If the production of a good generates external benefits,the government could increase efficiency by

• A) taxing the production of the good to reduce the amount produced.
• B) subsidizing the production of the good to increase the amount produced.
• C) regulating the production of the good to reduce the amount produced.
• D) requiring all producers of the product to be licensed to produce the product.

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Definitions:

Capital Punishment

The legally authorized killing of someone as punishment for a crime.

Moral Issue

A situation or topic that involves questions of right and wrong behavior, ethics, and values.

US Supreme Court

The highest court in the United States, consisting of nine justices and holding the ultimate judicial authority in interpreting and applying federal law and the US Constitution.

Roper V. Simmons

A landmark U.S. Supreme Court case ruling in 2005 that declared the execution of individuals who were under 18 years of age at the time of their crime unconstitutional.