Government intervention is sometimes used to reduce the external costs of production.
Correct Answer:
Verified
Q133: The GDP of the United States includes
Q134: The standard of living rises when population
Q135: On average over the last century,the U.S.population
Q136: Monopolists can dictate the price or the
Q137: The GDP is a measure of the
Q139: Over many years the capital stock in
Q140: The high productivity of the U.S.economy results
Q141: Compare the composition of U.S.output in the
Q142: How is per capita GDP affected by
Q143: What are externalities,and how do they affect
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents