Question
In Gacacia, the government is
considering implementing a policy to
encourage citizens to use public
transportation instead of private
cars. They implement a policy
offering a tax reduction for the
purchase of mass transit tickets.
This policy would be considered what
economic term?
A) Marginal Benefit
B) Taxation
C) Incentive
D) Opportunity Cost
considering implementing a policy to
encourage citizens to use public
transportation instead of private
cars. They implement a policy
offering a tax reduction for the
purchase of mass transit tickets.
This policy would be considered what
economic term?
A) Marginal Benefit
B) Taxation
C) Incentive
D) Opportunity Cost
Answers
GPT 3.5
C) Incentive