Which of the Following Would an Economist Identify as a Difficulty

question 33

Multiple Choice

Which of the following would an economist identify as a difficulty relating to environmental command-control regulations?

• A) high degree of inflexibility
• B) clear distinctions drawn between firms
• C) lack of incentive to reduce pollution
• D) obvious lack of loopholes

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Definitions:

Balances

The amounts of money recorded in financial accounts, reflecting the difference between credits and debits.

Reported

Information or data that has been formally communicated or disclosed, often referring to financial performance or events.

Debt Ratio

A financial ratio that measures the extent of a company’s leverage, calculated by dividing its total debt by its total assets.