What Is the Biggest Problem of Using Government Actions Such

question 164

Multiple Choice

What is the biggest problem of using government actions such as taxes and pollution charges to control external costs?

• A) insufficient legal power to enforce the controls
• B) obtaining enough data to determine how much the tax or pollution charge will be
• C) In some situations, there is no known way to control the external costs.
• D) political lobbying and voter disagreement
• E) The Coase theorem points out that taxes and pollution charges work only in the short run and not in the long run.

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Definitions:

Gastrulation

An early embryonic phase in animal development during which the single-layered blastula is reorganized into a multilayered structure known as the gastrula.

Morula Stage

An early stage in embryonic development characterized by a solid ball of cells resulting from the division of a fertilized egg.

Human Embryo

A human embryo is an early stage of human development, following fertilization and preceding the fetal stage, during which all major organs and structures begin to form.

Chorion

The outermost membrane surrounding an embryo of a reptile, bird, or mammal (in humans, it contributes to the formation of the placenta).