The Economic Lowdown Video Companion: Externalities
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- The Economic Lowdown Video Companion: Externalities
- Reserve Bank
- St. Louis
In the fifth episode of the Economic Lowdown Video Series, Scott Wolla, economic education specialist, explains externalities. Viewers will learn how costs and benefits sometimes affect bystanders and discover how taxes and subsidies can be used to “internalize” externalities.
|externality, tax, subsidy, economics, microeconomics|