Command-And-Control Policies Usually

question 212

Multiple Choice

Command-and-control policies usually

• A) reduce the production of a polluting good more than do pollution taxes.
• B) reduce the production of a polluting good less than do pollution taxes.
• C) increase price less than do pollution taxes.
• D) decrease the quantity demanded by less than do pollution taxes.

---

Definitions:

Compounded Semiannually

Refers to the process where interest on a deposit or loan is calculated and added to the account balance twice a year.

Maturity Date

The date on which the principal amount of a loan, bond, or other financial instrument is due to be paid in full.

Yield

The income return on an investment, such as the interest or dividends received from holding a particular security.

Annually Compounded

The process where interest is added to the principal sum of a loan or deposit once a year.