In Principle, a Cap-And-Trade Program Would

question 84

Multiple Choice

In principle, a cap-and-trade program would

• A) cause firms to generate more pollution than their allowed limits.
• B) cause firms to generate less pollution than their allowed limits.
• C) raise the production costs of all firms.
• D) lower the production costs of all firms.

---

Definitions:

Medical Limitations

Restrictions or constraints placed on activities or functions due to health issues or physical conditions.

Exempt

Not subject to an obligation, duty, or requirement that is typically imposed on others; being free from or not affected by something.

Nonexempt

Pertaining to employees who are covered by minimum wage and overtime pay protections under the Fair Labor Standards Act.

Fair Labor Standards Act

A United States law that sets minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for employees in the private sector and government.