When Government Makes It Possible to Push the Costs of a Good

question 305

True/False

When government makes it possible to push the costs of a good onto other people we get too much of the good.

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Definitions:

Economic Policies

Strategies and decisions by governments concerning the monetary system, taxation, market regulations, and public spending to influence the economy.

Goods And Services

The output of an economy that is provided to consumers, including tangible products (goods) and intangible items (services).

Entrepreneurial Ability

The skill or talent that an entrepreneur possesses to organize resources effectively, take risks, innovate, and create economic value.

Urbanization

The process through which cities grow, and higher percentages of the population come to live in urban areas.