The Federal Clean Air Act Sets Specific Pollution Standards

question 428

Multiple Choice

The federal Clean Air Act sets specific pollution standards. California adopts even stricter pollution standards instate. This standard is likely to be found:

• A) unconstitutional; states may not pass regulatory standards different than those of Congress
• B) unconstitutional; states may not pass stronger regulatory standards than those of Congress
• C) unconstitutional; the standard will reduce the ability of California to compete in interstate commerce
• D) constitutional; the necessary and proper clause lets states pass regulations needed for local conditions
• E) none of the other choices

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Definitions:

Present Value

Today’s value of some amount of money that is to be received sometime in the future.

User Cost

The opportunity cost of extracting and selling a nonrenewable natural resource today rather than waiting to extract and sell the resource in the future; the present value of the decline in future revenue that will occur because a nonrenewable natural resource is extracted and sold today rather than being extracted and sold in the future.

Market Price

The current price at which a good or service can be bought or sold in a marketplace.

User Cost

The cost of using a good or service, which includes the opportunity cost of choosing one alternative over others.