The problems of externalities and poorly formed property rights are:
A)minor in modern economies.
B)among several rationales for the existence of government.
C)better solved by private rather than government action.
D)the only two legitimate reasons for creating government.

Question

Quizplus · Accepted Answer

Governments can help regulate activities that generate externalities, and they can help enforce property rights.

The Problems of Externalities and Poorly Formed Property Rights Are