Most Economists Prefer Corrective Taxes to Regulation to Correct the Pollution

question 133

Multiple Choice

Most economists prefer corrective taxes to regulation to correct the pollution problem because:

• A) the market-based solution is less costly to society.
• B) the market-based solution can result in a greater reduction in pollution.
• C) the market-based solution raises revenue for the government.
• D) all of the above.

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Definitions:

Visual Presentation

The display of information or data through visual means, such as charts, graphs, images, or videos, to enhance understanding or retention.

Responsiveness

The quality of reacting quickly and positively to stimuli or changes.

Unconditioned Response

An automatic reaction to a stimulus that occurs naturally, without the need for learning.

Pupil

The opening in the center of the iris of the eye, through which light enters the eye.