Author Question: When using the traditional command-and-control approach to environmental regulation, the government ... (Read 31 times)

cabate · **on:** Jun 30, 2018

When using the traditional command-and-control approach to environmental regulation, the government attempts to:
a. set a minimum requirement and then allows the firm to determine the most efficient method for achieving this requirement.
b. determine the most efficient method for different industries.
c. make allowances for differences across industries and between firms.
d. set standards that are applicable to all situations and does not recognize unique circumstances.

Question 2

Banks want to minimize their holdings of excess reserves because:
a. they will be penalized by the Federal Reserve System if excess reserves are too high.
b. required reserves are also minimized when banks minimize their holdings of excess reserves.
c. the money multiplier becomes too large if the excess reserves are high.
d. they want to borrow more on the federal funds market.
e. excess reserves earn no interest.