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Author Question: Which of the following provides an example of command-and-control regulation? a. Taxing producers ... (Read 87 times)

nmorano1

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Which of the following provides an example of command-and-control regulation?
 a. Taxing producers based on the external costs created by their pollution, thus internalizing external costs.
 b. Requiring firms to reduce their pollution by 50 percent, thus allowing them to emit 50 percent of their historical emissions, and allowing them to freely buy and sell allowances.
  c. Requiring firms to use a particular type of pollution-control technology, such as smokestack scrubbers or catalytic converters.
  d. Subsidizing firms that exceed their pollution-control targets.

Question 2

To maximize its profit, a bank will:
 a. minimize the number transactions it engages in.
  b. maximize required reserves.
 c. minimize excess reserves.
 d. maximize excess reserves.
 e. minimize required reserves.



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mcinincha279

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Answer to Question 1

c

Answer to Question 2

c





 

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