Which of the Following Statements Is Correct

question 135

Multiple Choice

Which of the following statements is correct?

• A) Automotive manufacturers prefer stricter fuel economy regulations to higher gasoline taxes.
• B) Higher gasoline taxes have provided a market-based incentive for Europeans to buy more fuel-efficient vehicles.
• C) Higher gasoline taxes have had no effect on the U.S. demand for gasoline because the demand for gasoline is perfectly inelastic.
• D) Fuel efficiency regulations are more effective than gasoline taxes in reducing the demand for gasoline in the United States and Europe.

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Definitions:

Challenging Yet Believable

Tasks or goals that are difficult and stretch abilities but still within the realm of achievability.

Provokes Skepticism

Something that induces doubt or a questioning attitude, often due to inconsistencies or lack of evidence.

Successful Vision

A clear and compelling future scenario or goal that a person or organization strives to achieve, often inspiring and guiding strategic planning.

Vision

The capacity to envision a clear and compelling future state that inspires and motivates people to work together towards its realization.