Which of the Following Is a Common Method Used by Government

question 243

Multiple Choice

Which of the following is a common method used by government to cope with the situation in which production of a good creates an external cost?

• A) removing property rights
• B) subsidizing production
• C) marketable permits
• D) lottery
• E) vouchers

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Definitions:

Draft

A preliminary version of a document, plan, or design that is open for discussion, revision, or improvement.

Forged

Refers to the illegal creation, alteration, or imitation of documents, signatures, or objects with the intent to deceive.

Unauthorized Drawer's Signature

A signature on a financial or legal document that was made without the consent or authorization of the person purported to have signed.

Recover

To obtain a return of something or to gain restitution through legal processes, such as obtaining damages after a court judgment.