Governments Can Increase the Consumption of a Product That Creates

question 55

Multiple Choice

Governments can increase the consumption of a product that creates positive externalities by

• A)subsidising the production of the product so that the supply is increased and market price is reduced.
• B)taxing the production and consumption of the product.
• C)convincing everyone to consume the good.
• D)assigning property rights to the producers of the product.

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Definitions:

Overwhelmed

A feeling of being excessively burdened or overloaded, either emotionally or cognitively.

Epidemiology

The branch of medicine that deals with the incidence, distribution, and possible control of diseases and other factors relating to health.

Incidence

The occurrence, rate, or frequency at which a new event, disease, or condition arises in a specific population over a particular period of time.

Disorders

Conditions characterized by abnormal thoughts, feelings, or behaviors that cause distress or impair function.