The USgovernment Has Frequently Used a "Command-And-Control" Approach in Dealing with with Pollution.Which

question 162

Multiple Choice

The U.S.government has frequently used a "command-and-control" approach in dealing with pollution.Which of the following describes this approach?

• A)The government uses taxes in order to internalize the externalities caused by pollution.
• B)The government uses subsidies to encourage firms to use new technology that reduces pollution.
• C)The government imposes quantitative limits on the amount of pollution firms are allowed to generate.
• D)The government distributes information to consumers and producers on how to reduce pollution.

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Definitions:

Probability

The evaluation of how likely it is for an event to happen.

Independent Events

Two or more events where the occurrence of one does not affect the probability of the others occurring.

Conditional Probability

The probability of an event given that another event already occurred. The conditional probability of A given B is P(A ∣ B) = P(A ∩ B)/P(B).

P(B | A)

The probability of event B occurring given that event A has already occurred, a concept in conditional probability.