Which of the Following Is a Way to Address an Externality

question 332

Multiple Choice

Which of the following is a way to address an externality problem?

• A)command and control solution
• B)corrective tax
• C)corrective subsidy
• D)all of the above.

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Definitions:

Middle Ages

A historical period in Europe, roughly from the 5th to the late 15th century, marked by feudalism, the rise of Christianity, and the emergence of the modern nation-state.

The Tarantella

A lively, fast Italian folk dance that was traditionally believed to cure the poisonous bite of a tarantula.

Melancholia

A severe form of depression marked by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities, historically viewed as a distinct disorder.

Excess Phlegm

An overproduction of mucus by the respiratory tract, often in response to an infection or other health condition.