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In at least 150 words, answer the questions below.
What difficulties occur when government attempt to use Ligurian taxes/ subsidies to address externalities.
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- Which of the following is a positive externality from education? a.Better-educated people make their coworkers more productive. b.Better-educated people tend to earn higher wages. c.Better-educated people live longer than less educated people. d.Better-educated people are less likely to vote and participate in a democracy.Discuss the market failure which justifies government involvement in the economyExternalities Do you think that there would be external effects associated with Water from a uranium mine leaking into Kakadu National Park? If so, what would be the nature of the external effects? Can you think of policies that might deal with each external effect (that is, improve social wellbeing)?
- Which of the following is the best example of a public good? Group of answer choices AT&T mobile phone service Yosemite National Park Google Maps the post officeDescribe a positive or negative externality that you have observed in your life. In the example you provide, determine if the externality is positive or negative, explain why, and discuss if you feel like government intervention is present and/or needed. If so, how does (or how could?) the government increase market efficiency?Which of the following is NOT a feature of a public good? a. Non-excludability b. Non-rivalry c. Always provided by the free market d. Generally provided by the government
- Typically this kind of economic activity results in environmental harm through production and consumption externalities. When a country such as Econ Land manages to break the link between economic activity and environmental harm, it is known as ["decoupling", "uncoupling"] . Whether Econ Land has truly broken this link or not depends on the amount of ["export pollution", "import pollution"] they are responsible for, pollution in other countries resulting from the production of products consumed in the country of Econ Land.Explain how government subsidies to producers solve externalities ?A public good Question 1 options: is both rival and excludable. is any good provided by government. is any good provided by a company owned by a member of the public. can be consumed simultaneously by many people. can only be consumed by one person at a time.
- Governments pursue various policies to remedy the inefficiencies caused by externalities. List and describe the various policies the government may use?Which of the following is an example of a public good? Group of answer choices All of the other three answers university education police hospital careEducation provides both private benefits to those who receive it and broader social benefits for the economy as a whole. Think about the types of policies a government can follow to address the issue of positive spillovers in technology and then suggest a parallel set of policies that governments could follow for addressing positive externalities in education.
