Which of the Following Represents a Potential Solution to the Problem

question 107

Multiple Choice

Which of the following represents a potential solution to the problem of environmental pollution?

• A)corrective taxes
• B)well established property rights
• C)government regulation
• D)All of the above are correct.

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Definitions:

Normative Statement

A statement that reflects an opinion, value judgment, or what ought to be, rather than what is empirically verifiable.

Positive Statement

An objective statement based on facts that can be tested and validated, used in contrast to normative statements which express opinions or what ought to be.

Normative Statements

Statements that express opinions, desires, or judgments about what should be, and do not make factual or objective claims.

Positive Statements

Objective statements that can be tested, amended, or rejected by referring to the available evidence.