(Last Word) Because There Are So Many Sources of Carbon

question 124

Multiple Choice

(Last Word) Because there are so many sources of carbon dioxide, making monitoring difficult and costly, many economists

• A) prefer a carbon tax to cap-and-trade for reducing carbon dioxide emissions.
• B) prefer cap-and-trade to a carbon tax for reducing carbon dioxide emissions.
• C) believe that cap-and-trade and a carbon tax are both costly but should be implemented to reduce carbon dioxide emissions.
• D) believe that neither cap-and-trade nor carbon taxes can effectively reduce carbon dioxide emissions.

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Definitions:

Loans

A financial arrangement in which an entity lends money to another with the expectation it will be repaid, often with interest.

Limited Partner

An owner of a limited partnership who has no right to manage the business but who possesses liability limited to his capital contribution to the business.

Manage

The act of directing, controlling, and organizing the activities or operations of an entity or group.

Sole Proprietor

A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.