If the Government Implements a Cap-And-Trade System to Reduce Pollution

question 140

Multiple Choice

If the government implements a cap-and-trade system to reduce pollution in a particular industry, then the

• A) supply curve shifts to the left.
• B) supply curve shifts to the right.
• C) demand curve shifts to the left.
• D) demand curve shifts to the right.
• E) supply curve and the demand curve shift to the left.

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Definitions:

DC

Direct Current, an electric current flowing in one direction only.

Inductive Reactance

The opposition that an inductor presents to alternating current, due to the inductor's ability to store energy as a magnetic field.

Inductor

A passive electronic component that stores energy in its magnetic field.

Inductance

The property of a conductor by which a change in current in the conductor induces an electromotive force in both the conductor itself and in any nearby conductors by mutual inductance.