A Corrective Tax

question 5

Multiple Choice

A corrective tax

• A)allocates pollution to those factories that face the highest cost of reducing it.
• B)is a form of regulation.
• C)works well for all types of externalities.
• D)is inferior to regulatory policy according to most economists.

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Definitions:

Self-Concept

An individual's perception of themselves, including beliefs, feelings, and thoughts about one's identity and abilities.

Humanistic Psychologist

A professional in psychology who emphasizes the study of the whole person and the uniqueness of individual experience and potential.

Behaviorist

A psychologist who studies and practices behaviorism, focusing on observable behaviors and disregarding mental activities.

Libido

A term used in psychoanalytic theory to describe the energy of the sexual drive as a component of the life instinct.