A Carbon Tax Would Be an Efficient Method of Addressing

question 119

Multiple Choice

A carbon tax would be an efficient method of addressing the problem of global warming because

• A) carbon taxes are an external cost.
• B) it forces firms to internalize the external cost of emissions.
• C) it eliminates the positive externalities associated with global warming.
• D) firms are likely to prefer the carbon tax over the cap-and-trade policy.
• E) it is less likely than the cap-and-trade policy to result in rising prices.

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Definitions:

Apprentices

Individuals who learn a trade or a craft from a skilled worker through hands-on experience, often combined with formal instruction.

Hunter-gatherer Societies

communities that rely on hunting wild animals and gathering wild plants for sustenance, foregoing settled agriculture.

Explicit Instruction

A structured, direct teaching approach that includes clear statement of educational objectives, presentation of content, guided practice, feedback, and independent practice.

Everyday Activities

Common and routine actions performed by individuals on a daily basis, such as eating, dressing, and working.