When Economists Propose Taxes as a Way to Balance Out

question 53

Multiple Choice

When economists propose taxes as a way to balance out the presence of externalities,they try to propose taxes:

• A)based on the externality itself,rather than the action that creates it.
• B)on the action that creates the externality,rather than the externality itself.
• C)on what is simplest to implement.
• D)on what will likely generate the most revenue.

---

Definitions:

Affirmative Action Programs

Initiatives designed to promote increased representation of underrepresented groups in areas of employment, education, and business.

U.S. Census Bureau

is a federal agency responsible for collecting, analyzing, and publishing statistical data about the U.S. population, economy, and society.

Female Employment

The participation of women in the workforce, encompassing their opportunities, roles, rights, and challenges in the job market.

Americans With Disabilities Act

A civil rights law that prohibits discrimination based on disability, ensuring equal opportunity for individuals with disabilities in public accommodations, employment, transportation, and other aspects of public life.