Sunday, February 22, 2015

Tyler Coughlan, Chapter 3, Question #6

This chapter was mainly about the government trying to help public externality costs and how they have positive and negative results and affect us all. The one passage I found most interesting was how the government is good in the way that it lowers the price of doing business in the private sector. The government sets rules, tracks down fraud, make public transportation allowing people to move easily. So the government is a positive externality in the economy.

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