Portney's Research of the 1990 Clean Air Act Amendments (CAAA)

question 13

Multiple Choice

Portney's research of the 1990 Clean Air Act Amendments (CAAA) finds that MSC exceeds MSB. Based on this finding, one can conclude that

• A) the CAAA are allocatively efficient
• B) TSC exceed TSB
• C) these amendments are inefficient but cost-effective
• D) the CAAA over-regulate society

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Definitions:

Professional

Relating to a job that requires specialized education, training, or skill.

Criminal Activities

Acts that are forbidden by law and punishable by the state or other authority.

Durkheim

Emile Durkheim, a founding figure in sociology, known for his works on the social causes of suicide, the functions of religion, and the concept of the social fact.

Egoistic Suicide

A concept in sociology, described by Emile Durkheim, referring to the act of taking one's own life due to a lack of social integration and a sense of not belonging.