If the government intervenes and corrects the externality in the situation described above, the expectations are
the output of the paper mills to increase. The price of paper from the mills to decrease. Production of the hydroelectric power plants to decrease. production in the paper mills to decrease.
Answer: B) Municipal Commissioner
Explanation:
The correct answer is T (True)
Explanation:
A republic is any form of government, in which, those who govern are representatives elected by citizens or citizens make government decisions. This means citizens have an influence on government decisions. Additionally, the role of representatives includes creating, approving, and enforcing laws, creating policies to address national or local issues, collecting taxes, creating and supporting a judicial system, among others. This means it is true in a republic elected officials create laws for the economy as it is a function of officials in a republic to create laws or policies related to different local and national aspects.