New improved mining equipment that was found to increase cases of black lung disease because it generated higher levels of dust in the mines is an example of negative externalities. True or False True True False Government regulations help balance negative externalities such as: Multiple Choice No smoking rules enforced to mitigate the effects of second-hand smoke. Gender controls over alcohol purchases and consumption. Drug testing at private businesses. Age restrictions for Social Security recipients. An example of an economic regulatory agency is: Multiple Choice Consumer Product Safety Commission. o Equal Employment Opportunity Commission. o National Highway Traffic Safety Administration. o National Labor Relations Board. o An example of a global regulation that mitigates the impact of jet fuel on the environment is: Multiple Choice The Aviation Plan. The Clean Air Act. o The Space Force Initiative. o The International Space Station. o In the case Should Facebook be Regulated, the primary market failure was: Multiple Choice Sales incentives to protect user data exceeded those of selling the data. Sales incentives to sell user data exceeded those of protecting user privacy. The market naturali The market naturally disincentivized the sale of personal data and there was no market failure. o oo Unplanned costs to distribute user data exceeded the costs of selling the data