A Government Action That Can Help Correct Positive Externalities Is

question 246

Multiple Choice

A government action that can help correct positive externalities is

• A) a tax on producers of the good that provides external benefits.
• B) a subsidy to consumers of the good that provides external benefits.
• C) an effluent fee charged to producers of the good that provides external benefits.
• D) regulations aimed at reduced production by sellers of the good that provides external benefits.

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Definitions:

Bridewealth

A cultural practice where the groom or his family transfers goods, money, or other forms of wealth to the bride's family as part of the marriage process.

Patrilineal Societies

Societies in which inheritance, descent, and lineage are traced through the father's line.

Polygyny

A form of marriage in which a man is married to more than one wife simultaneously, a practice found in various cultures worldwide.

Bridewealth

A cultural practice where the groom (or his family) transfers goods, money, or property to the bride’s family as part of marriage transactions.