Government subsidized scholarships are an example of a government policy aimed at correcting negative externalities associated with education.
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Q5: When a driver enters a crowded highway
Q6: Research into new technologies conveys neither negative
Q7: Government intervention in the economy with the
Q8: The government can internalize externalities by taxing
Q9: A technology spillover is a type of
Q11: The social cost of pollution includes the
Q12: A congestion toll imposed on a highway
Q13: Barking dogs cannot be considered an externality
Q14: Negative externalities lead markets to produce a
Q15: Markets sometimes fail to allocate resources efficiently.
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