When Using the Traditional Command-And-Control Approach to Environmental Regulation, the Government

question 72

Multiple Choice

When using the traditional command-and-control approach to environmental regulation, the government attempts to

• A)set a minimum requirement and then allows the firm to determine the most efficient method for achieving this requirement
• B)determine the most efficient method for different industries
• C)make allowances for differences across industries and between firms
• D)set engineering standards that are applicable to all situations and does not recognize unique circumstances
• E)set a maximum requirement and they allows the individual firm the latitude of choosing the most efficient method

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Principal

The original sum of money borrowed in a loan or put into an investment, excluding interest.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for financing inventory and accounts receivable.

Annual Simple Rate

The percentage rate of return calculated on an annual basis, using simple interest without compounding.

Yield

Definition: The income return on an investment, such as the interest or dividends received from holding a particular security.