Which of the Following Statements Is True About Cap and Trade

question 45

Multiple Choice

Which of the following statements is true about cap and trade programs?

• A) They promote an anti-business perspective.
• B) They provide technological solutions to reduce pollution and resource consumption.
• C) They force companies to choose the highest-cost means of taking responsibility for their emissions.
• D) They try to balance free-market economics with government intervention.
• E) They put pressure on businesses to consider consumer needs and interests.

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Definitions:

Aviation Multiengine Airplanes

Aircraft equipped with more than one engine, enhancing safety, power, and performance capabilities, especially in aviation.

Excess Burden

The cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium, often due to taxation or other government intervention.

Revenue Derived

Income generated from normal business operations or other specific sources.

Tax Rate

The per-unit amount of the tax or the percentage rate at which the economic activity is taxed.