Economists Mostly Agree That the Problem of Climate Change Necessitates

question 33

Multiple Choice

Economists mostly agree that the problem of climate change necessitates government action in the form of market-based incentives such as:

• A) tax rebates to those causing negative externalities.
• B) a reduction in the amount of gasoline that each person is allowed to purchase.
• C) a carbon tax or a cap and trade system.
• D) a reduction in the price of green cars and appliances.

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Definitions:

Liquid Approach

A flexible, adaptable strategy or methodology, often in business or creative endeavors, that allows for seamless changes in direction or concept.

Luxury Branding

The process of marketing products or services as luxury items, characterized by their quality, exclusivity, and accompanying prestige.

Critical Networks

Essential systems or networks of connections that are vital for the operation of a community, organization, or system, often relating to infrastructure or communication.

Engineered

Pertains to something meticulously designed or constructed with a specific purpose or outcome in mind, often using scientific principles.