The Government Attempts to Resolve Negative Externalities Caused by Automobile

question 156

Multiple Choice

The government attempts to resolve negative externalities caused by automobile exhaust by:
(i) taxing gasoline to reduce the amount that people drive
(ii) building safer highways
(iii) setting emission standards for automobiles

• A)(i), (ii) and (iii) are all used to reduce emissions
• B)only (i) and (iii) are used to reduce emissions
• C)only (ii) and (iii) are used to reduce emissions
• D)only (i) and (ii) are used to reduce emissions

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Definitions:

Treasury Shares

Shares that were issued and subsequently reacquired by the issuing corporation, but not retired, reducing the amount of outstanding stock on the open market.

Adjusted Book Value

An asset's book value after accounting for factors like depreciation, amortization, or impairment that affect its original cost.

Primary Beneficiary

The main individual or entity designated to receive the benefits from a will, trust, insurance policy, or financial plan.

Controlling Financial Interest

An interest in a business that gives the holder the power to direct its financial and operating policies, often through ownership of a majority of voting shares.