The current U.S.problems of congested highways,poor air quality,and contributing to global climate change are primarily the result of
A)Producing too many goods and services.
B)Too much government regulation.
C)Producing a mix of output with lots of negative externalities.

Question

Quizplus · Accepted Answer

The mix of output produced by the economy includes many goods and services that create negative externalities, such as pollution from transportation. This leads to congested highways, poor air quality, and contributes to global climate change. Government regulation may be necessary to address these issues, but they are primarily caused by the mix of output produced by the economy.

The Current U