Who Was the Economist Who First Proposed That Governments Use

question 51

Multiple Choice

Who was the economist who first proposed that governments use taxes and subsidies to correct for externalities?

• A)Ronald Coase
• B)A. C. Pigou
• C)Adam Smith
• D)David Hume

---

Definitions:

Theory Guide

A tool or resource designed to navigate the complex concepts and principles underlying a particular theory.

Conceptualized

Formulated or developed as a concept or idea, often based on abstract or theoretical understanding.

Authoritative Sources

These are recognized or officially approved publications or entities that provide reliable and credible information.

Study Nursing

The academic and practical pursuit focused on gaining knowledge and skills to care for individuals, families, and communities in terms of health and illness.