A Command-And-Control Policy Is Another Term for a

question 44

Multiple Choice

A command-and-control policy is another term for a

• A)pollution permit.
• B)government regulation.
• C)corrective tax.
• D)Both a and b are correct.

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Definitions:

Coupons

Vouchers entitling the holder to a discount off a particular product or service.

Favored Customers

Customers who receive preferential treatment from sellers, often through better prices, terms, or product availability.

Misallocation

The inefficient distribution of resources in an economy.

Rationing Coupons

Documents or electronic vouchers used to limit the consumption of resources or goods, particularly during shortages.