When the Government Imposes a Tax Equal to the External

question 14

True/False

When the government imposes a tax equal to the external cost of producing a product that causes pollution, the government is said to externalise the externality.

---

Definitions:

Topical

Pertaining to application on a particular area of the skin or body surface for local treatment.

Transdermal

A reiteration, largely pertaining to drug delivery systems that release medication through the skin into the bloodstream.

Subcutaneous

Relating to or located beneath the skin's surface.

Intrathecal

Pertaining to the administration of drugs or other substances directly into the space under the arachnoid membrane of the brain or spinal cord.