Which of the Following Is an Environmental Policy Based on Marketable

question 58

Multiple Choice

Which of the following is an environmental policy based on marketable pollution permits?

• A) a charge to automobile drivers of 10 cents for 100 units of pollutants emitted
• B) paying automobile drivers 10 cents for each 10-percent reduction in automobile emissions
• C) allowing automobile drivers to buy and sell the right to a certain level of automobile emissions
• D) ignoring pollution and letting private markets operate without government interference

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Definitions:

Strong-Form Efficient

A hypothesis that states all information, both public and private, is completely reflected in stock prices, and no one can consistently achieve higher returns.

Realized Return

The actual gain or loss experienced on an investment over a specified period, taking into account dividends, interest, and capital gains.

Closing Stock Market Quotes

The final listing of the price of a security at the close of a trading day on a stock exchange.

Buy Or Sell Stock

The action of purchasing (buying) or offloading (selling) shares of a company through a stock exchange or other trading platforms.