According to Most Economists,which One of the Following Would Be

question 202

Multiple Choice

According to most economists,which one of the following would be the best public policy?

• A)Require businesses to reduce pollution by a level prescribed by the government.
• B)Zero tolerance for pollution.
• C)Rely on private enterprise to reduce pollution as it is ultimately in its best interest.
• D)Provide business firms with incentives to curb their pollution.

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Definitions:

Gross Domestic Product

The total value of all goods and services produced within a country's borders in a specific time period, used as a broad measure of economic activity.

Additional Education

Refers to further formal or informal learning undertaken after completing a level of education, to enhance skills or gain new knowledge.

Workforce

The pool of individuals in a country or company eligible for and engaged in employment, including both employees and those seeking employment.

Discretionary Income

The amount of an individual's income left for spending, investing, or saving after taxes and personal necessities have been paid.