Which of the following policies is an example of a command-and-control policy?

a. subsidies to education
b. maximum levels of pollution that factories may emit
c. tradable pollution permits
d. None of the above is an example of a command-and-control policy.

b

Economics

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If UIP holds and if the home currency is expected to depreciate, then:

a. the home interest rate must be greater than the foreign interest rate. b. interest rates cannot be changing. c. the home interest rate must be less than the foreign interest rate. d. Not enough information is provided to answer the question

Economics

Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD3 the result in the short run would be:

A. P1 and Y2. B. P2 and Y3. C. P3 and Y1. D. P2 and Y2.

Economics