Economics (AS & A Level) · Feb / March 2021 · Paper 32 · Question 14
9708Government policies to achieve efficient resource allocation and correct market failure
The diagram shows a sign beside a busy road. [image of a sign reading: "This road was recently cleared of 17 bags of litter. Clearing litter puts lives at risk."] What is this an example of?
- Afree good
- Bgovernment regulation
- Cmerit good
- Dnudge theory
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Correct answer: D. nudge theory
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