Answered: Which of the following has positive…

Which of the following has positive consumption externalities? (a) Building a highway. (b) Getting the flu vaccine. (c) Educating your children. (d) All of the above.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section: Chapter Questions

Problem 15AA

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Concept explainers

Policy Instruments for Environmental protection

Policy Instruments for Environmental Protection link policy development and decision making to policy implementation to protect the environment and promote sustainable development. Economic growth brings great risk to the environment and often puts increased pressure on environmental resources. But it is the responsibility of the policymakers to ensure that the risk caused to the environment through developmental projects is kept in check. Environmental protection is central to sustainable development. They can be both beneficial and equitable. Environment protection policies can be used to deter environmentally damaging activities. They also improve social equity and raise revenue. 

Question

Which of the following has positive consumption externalities?
(a) Building a highway.
(b) Getting the flu vaccine.
(c) Educating your children.
(d) All of the above.

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