Emissions Taxes Are an Example of the _______ Approach to Correcting

question 5

Multiple Choice

Emissions taxes are an example of the _______ approach to correcting pollution problems.

• A) moral suasion
• B) incentive
• C) command-and-control
• D) least-cost reduction in emissions

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Definitions:

Social Security

Social Security is a government program that provides financial assistance to people with an inadequate or no income, including the elderly, disabled, and survivors.

Medicare

A federal health insurance program primarily for individuals aged 65 and over, as well as for some younger people with disabilities.

Medicaid

A social health care program for families and individuals with low income and limited resources in the United States.

Marginal Tax Rate

The rate at which the last dollar of a person's income is taxed, demonstrating how much tax the individual will pay on an additional dollar of income.