Q
When wealthy alumni provide charitable contributions to their universities to reduce the tuition payments of current students it is an example of ?
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A
A. An attempt to internalize a positive externality
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B
B. An attempt to internalize a negative externality
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C
C. A pigouvian tax
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D
D. A command-and-control policy
Correct Answer:
A. A. An attempt to internalize a positive externality