Answer:
Government regulation is the best way to deal with negative externalities
Explanation:
An externality is the effect of the activities ( mostly economic ) of an individual on third parties whom are not direct participants in such activities ( mostly economic ) and this externalities can be either positive or negative .
A proper balance by which Government can deal with negative externalities is by increasing taxes on the production of goods and services that leave a trail of negative externalities on third parties. that way the cost of production of such goods and service will discourage its production
Answer:
The correct option is d)
bank failures reduce the money supply, increase the interest rate and cause high inflation .
The correct option for the second question is a)
caused partly by the increase in government spending including spending to bail out failed financial institutions and by the deep decline in tax revenues as incomes and profits fell.
Explanation:
The recessions accompanied by a financial crisis are more severe than recessions that do not involve bank crises because ;
bank failures reduce the money supply, increase the interest rate and cause high inflation.
The large budget deficits of $1.4 trillion in fiscal year 2009 and $1.3 trillion in fiscal year 2010 were
;
caused partly by the increase in government spending including spending to bail out failed financial institutions and by the deep decline in tax revenues as incomes and profits fell.
As a result of Hurricane Irma causing the quantity of oranges to drop by 21%, the change in price of oranges will be increase of 14%.
<h3>What will be the change in price of oranges?</h3>
Price Elasticity is found as:
= Change in quantity / Change in price
You have the elasticity and the change in quantity so you can find the change in price as:
-1.5 = -21% / Price
Price x -1.5 = -21%
Price = -21% / -1.5
= 14%
In conclusion, price will increase by 14%.
Find out more on price elasticity of demand at brainly.com/question/5078326.
Answer:
Secondary school is from grades 7-12 (middle school except for 6th grade and then all of high school)
So it falls between primary school and college
Answer:
There is an opportunity cost to going to the movie and he should leave the movie.
Explanation:
Yes, there is an opportunity cost involved when the person goes for the movie. The opportunity cost will the work that he can do instead of going to the movie. For instance, if the person has the option to study or to watch a movie and he chooses the movie then the opportunity cost is the study. Moreover, he should leave the movie because it is terrible and if he does other work by leaving the movie then he will be benefited because the opportunity cost of doing other work will be lower.
