Is Leo Correct That There Are No Criminal Penalties Under

question 8

Multiple Choice

Is Leo correct that there are no criminal penalties under the Clean Air Act?

• A)Yes,he is correct.
• B)No,he is incorrect;and although violators are not subject to imprisonment under the act,parties that knowingly violate the act can be subject to criminal fines of up to $1 million per day.
• C)No,he is incorrect;and criminal penalties include the provision that parties who knowingly violate the act can be subject to criminal fines of up to $1 million per day,and corporate officers are also potentially subject to imprisonment for up to two years for violating certain provisions of the act.
• D)No,he is incorrect;and criminal penalties include the provision that parties who knowingly violate the act can be subject to criminal fines of up to $1 million per day,and corporate officers are also potentially subject to imprisonment for up to five years for violating certain provisions of the act.
• E)No,he is incorrect;and criminal penalties include the provision that parties who knowingly violate the act can be subject to criminal fines of up to $1 million per month,and corporate officers are also potentially subject to imprisonment for up to two years for violating certain provisions of the act.

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Definitions:

Economic Measures

Economic measures are indicators or metrics used to assess the economic performance or health of an entity, such as GDP, unemployment rates, or inflation.

GDP

Gross Domestic Product (GDP) measures the total value of all goods and services produced over a specific time period within a country's borders.

GNI

Gross National Income, a measure of a country's total monetary value of all goods and services produced over a specified period, including net income from abroad.

Market Size

The total volume of sales or potential sales for all providers of a particular product or service within a specific market.