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The article talks about positive externalities in relation to hybrid cars. The marginal private cost is higher than the marginal social cost therefore there is an excess demand for P1 price. it then talks about how the government wants to subsidize hybrid cars that are more eco friendly and gas efficient but they aren't that subsidized as other projects are more important such as health care

The article is about how hybrid cars bring positive benefits and promote people to use hybrid cars for many good causes including costs are efficient for the owner because unlike, fuel the prices does not change, environmental friendly and electric motor requires more energy compare to gas so it can speed up more and going up difficult places.

This article shows us a case with externally , tell us about positive and negative externalities of production and gives examples to explain the difference between them. Shows the case when the outcomes are not always beneficial and what must be done to solve those problems.

Education is both a public good and a private good. A public good is defined by two characteristics: non-excludability and non-rivalry. Public goods are for everyone and there is no competition for the good. Most people believe that a higher education is a pure public good but it is not. Society benefits when people get a higher. education. Statistically people with a college education tend to be more active citizens and their volunteering.with their volunteering and other activities benefiting those around them. Also statistics have shown that more new products and services are available to society because of the contributions of college graduates. These are the positive externalities of education. The negative aspect of education is  that even though the benefits of higher education are shared the costs for higher education are not shared. A higher education benefits society but the cost of a higher education proves a problem for those that want a higher education. Students themselves do reap some benefits: they are likely to be better off- both financially and otherwise-than their compatriots who do not go to college. However, students do not benefit as much as society. Therefore education is both a private and a public good.

This article is talking about how the result of the presidential election effect the health care. Mitt Romney will probably end the health care whereas Obama will absolutely keep it. Health care is a public good, it has positive externality and should be encouraged. However, the cost of providing health care is very high. According to the article, 'Affordable Care Act won't be fully in place until 2014'. Two candidates has different solutions. Obama choose to keep it, and Romney choose to end it due to the high cost. From this article we can see the limitation of government intervention of economy, and how different parties and people have different opinions.

This article discusses the efforts of Japan to combat deflation and improve economic growth using monetary policy through the Bank of Japan. The country is in a particularly peculiar position because Japan's public debt is twice the size of its economy, therefore rising interest rates could prove to become a potentially out-of-control situation. There is much debate over which policies the country should take to best correct its economic situation, while some are suggesting that the current policies being used may be successful without causing much inflation at all.

In March US only created 88,000 jobs, the lowest monthly gain since June. Economists were expecting an increase of 190,000 jobs. However, the unemployment slipped to 7.6%, which is below the expected 7.7%. That decline was not a good news because 7.6% is the result of 500l000 people dropped out of the labor. They still don't have jobs, but they are not considered as unemployed.

Ekurhuleni, a city in South Africa, is currently carrying out an agenda to fuel economic development in the city. The primary aim is to encourage investment in certain city-owned facilities, mainly a new airport, to combat unemployment, poverty, and inequality. The city is already in position to achieve economic growth, as it has several advantages including convenient location and highway access. This, combined with the ideas of the mayor Mondli Gungubele, are very good signs that Ekurhuleni will be able to gain investors and develop over time.

Apple has easily beaten Android through the release of iOS7. The new Apple update, iOS7, has been getting remarkable user ratings and positive criticism. Apple went deep in its research and development in order to bring something that was completely different from any previous versions.