Which of the Following Statements Is False? an Economic Analysis

question 54

Multiple Choice

Which of the following statements is false? An economic analysis of carbon taxes can:

• A) calculate the increase in costs faced by coal-using industries.
• B) predict the effect on unemployment in West Virginia coal mining communities.
• C) compare the likely reductions in medical expenditures on diseases caused by smog.
• D) present a trade-off of the costs and benefits of different levels of carbon taxes.
• E) conclude that such taxes should be imposed to benefit future generations.

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Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Operant Conditioning

A learning process by which the consequences of an action affect the likelihood of its occurrence in the future, central to behavioral psychology.

Imitation

The action of using someone or something as a model and attempting to replicate their behavior, actions, or attributes.

Operant Conditioning

A teaching mechanism in which the intensity of an action is altered through positive reinforcement or negative consequences.