All of the Following Generate Positive Externalities EXCEPT

question 104

Multiple Choice

All of the following generate positive externalities EXCEPT

• A)public health programs.
• B)lower marginal tax rates.
• C)requiring proof of inoculation before entering college.
• D)requiring proof of inoculation before entering elementary school.

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Definitions:

Normal Good

A type of good for which demand increases when income increases, and vice versa, displaying a positive correlation between income and demand.

Cross Elasticity of Demand

A measure of how the quantity demanded of one good responds to a change in the price of another good, indicating the degree of substitutability or complementarity between the two goods.

Motor Oil

A lubricant used in internal combustion engines to reduce friction, protect against wear, and maintain engine cleanliness.

Cross Elasticity of Demand

A measure of how the quantity demanded of one good changes in response to a change in the price of another good, indicating their substitutability or complementarity.