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Clean air costs - PowerPoint PPT Presentation

Chapter 5

Chapter 5. Public Spending and Public Choice. Introduction. Many feel that ethanol-based motor fuel offers a win-win situation: less reliance on gasoline derived largely from foreign oil and reduced carbon pollution from auto emissions.

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Private vs Public Goods

Private vs Public Goods. What difference does it make? Would you like government to provide you free college? What might you have to give up to get it?. Three areas of concentration. Explain how market failures, such as externalities, might justify economic functions of government

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Clean air costs - PowerPoint PPT Presentation

Chapter 5

Private vs Public Goods