Automobile Emissions Generate Pollution and Cause Higher Costs and Discomfort

question 3

Multiple Choice

Automobile emissions generate pollution and cause higher costs and discomfort to residents of a city.In this case:

• A)too little of society's resources is being used to operate automobiles.
• B)the externality can be internalized into the market by imposing a specific tax on drivers.
• C)there is an external benefit to society from operating automobiles.
• D)the externality can be internalized into the market by granting a specific subsidy to drivers.

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Definitions:

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data.

Rating Errors

Mistakes or biases that occur when evaluating the performance or abilities of individuals, which can affect the accuracy and fairness of assessments.

Performance Feedback

The process of providing employees with information and assessments regarding their job performance and areas for improvement.

Self-Assessment

The use of information by employees to determine their career interests, values, aptitudes, and behavioral tendencies.