When the Government Can Set Emissions Standards for Polluting Industries

question 28

Multiple Choice

When the government can set emissions standards for polluting industries, which of the following statements is correct?

• A)The government should set the emissions standard to zero because pollution is bad for people.
• B)The government should set the emissions standard to achieve the socially optimal level of production which, in general, is not equal to zero.
• C)The government should employ emissions taxes instead because emissions standards cannot generally achieve the social optimum.
• D)The government should not set emissions standards because the market equilibrium will coincide with the social optimum in the absence of intervention.

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Definitions:

Borderline Personality

A mental disorder characterized by unstable moods, behavior, and relationships, often resulting in impulsivity and difficulty in managing emotions.

Gender Socialization

The process by which individuals are taught and learn the cultural norms and behaviors typically associated with their assigned sex at birth.

Externalizing Disorders

Psychological disorders characterized by outward-directed behaviors, such as aggression, hyperactivity, or conduct problems.

Internalizing Disorders

Mental health disorders characterized by inward-directed symptoms, such as depression, anxiety, and social withdrawal.