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Market Failures, Taxes, and Subsidies (Crash Course)
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Market Failures, Taxes, and Subsidies (Crash Course)
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13 Questions

1. What are externalities?

2. What is an example of a cap and trade program that worked in the US?

3. What are the two main examples of market based policies?

4. How would the government use taxes to make a company reduce pollution?

5. What do economics call the incentive to do what's best for you instead of what's best for everyone?

6. What are regulatory policies

7. What are the two types of externalities?

8. How does government reduce smoking?

9. What is a free rider?

10. What does non-exclusion refer to with public goods?

11. What does non-rivalry refer to

12. Public Goods have what two traits

13. What is market failure?

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