A System of Cap-And-Trade Is Used to Reduce Acid Rain

question 49

Multiple Choice

A system of cap-and-trade is used to reduce acid rain caused by emissions from electric power utilities.Which of the following statements is true?

• A)Market forces determine both the demand for pollution permits and their supply.
• B)Public choice determines both the demand for pollution permits and their supply.
• C)Market forces determine the demand for pollution permits,and property rights determine their supply.
• D)Property rights determine the demand for pollution permits,and the government determines their supply.
• E)Market forces determine the demand for marketable permits,and the government determines their supply.

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Definitions:

Inborn Trait

A characteristic, feature, or talent genetically inherited from one's parents at birth.

Sensitive Caregiver

A caregiving approach that is attentive and responsive to the emotional and physical needs of those being cared for.

New York Longitudinal Study

A significant research project that began in the 1950s, focusing on the temperament and development of children from infancy through adulthood.

Temperament Categories

Classification systems that describe inherent personality traits and tendencies observed from infancy.