Would politicians favor command-and-control policies over market orientated policies reduce pollution? Why or why not?
Would politicians favor command-and-control policies over market orientated policies reduce pollution? Why or why not?
Homework Answers
I think politicians would favor a command-and-control policy.
Command and control policies increases the power of the government to make laws and regulations to control businesses. Market-oriented policies reduces government control and thereby the power of the government.
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Would politicians favor command-and-control policies over market
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PLEASE EXPLAIN YOUR ANSWERS. THANK YOU! If education produces positive externalities and the government does not intervene in the market, we would expect O the equilibrium price to be higher than...
PLEASE EXPLAIN YOUR ANSWERS. THANK YOU!
If education produces positive externalities and the government does not intervene in the market, we would expect O the equilibrium price to be higher than the optimal price. b. the equilibrium quantity to be lower than the optimal level. c.the equilibrium quantity to be higher than the optimal level. d. both a and b are correct Tradable pollution permits a. have prices that are set by the government. b. will be more valuable to...
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1. States (and provinces) that have control over taxation sometimes reduce taxes in an attempt to...
1. States (and provinces) that have control over taxation sometimes reduce taxes in an attempt to spur economic growth. Suppose that you are hired by a state to estimate the effect of corporate tax rates on, say, the growth in per capita gross state product (GSP). What kind of data would you need to collect to undertake a statistical analysis? Is it feasible to do a controlled experiment? What would be required?
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2. (6 points) States that have control over taxation sometimes reduce taxes in an attempt to spur economic growth. Suppose that you are hired by a state to estimate the effect of corporate tax rates on the growth in per capita gross state product (GSP)? a. What kind of data would you need to collect to undertake the necessary statistical analysis? time series b. Is it feasible to conduct a controlled experiment? What would be required? C. Is a correlation...
PLEASE EXPLAIN YOUR ANSWERS. THANK YOU!
If education produces positive externalities and the government does not intervene in the market, we would expect O the equilibrium price to be higher than the optimal price. b. the equilibrium quantity to be lower than the optimal level. c.the equilibrium quantity to be higher than the optimal level. d. both a and b are correct Tradable pollution permits a. have prices that are set by the government. b. will be more valuable to...
1. States (and provinces) that have control over taxation sometimes reduce taxes in an attempt to spur economic growth. Suppose that you are hired by a state to estimate the effect of corporate tax rates on, say, the growth in per capita gross state product (GSP). What kind of data would you need to collect to undertake a statistical analysis? Is it feasible to do a controlled experiment? What would be required?
Downtown housing market City officials are devising two alternative policies to reduce the risk of eviction for families living downtown, where rent has increased precipitously. One proposed policy is to divert housing demand away by building low-income apartments in the surrounding arca. The other proposed policy is to subsidize the development of low-income apartments within the downtown arca. For simplicity, aume that these are two bedroom apartments that have all the same attributes and that the scope of the supply...
Application 16.0 Cost-effective Gunk Control Two plants are emitting a uniformly mixed pollutant called gunk into the beautiful sky over Tourist-Town. The city government decides that it can tolerate total emissions of no more than 100 kgs of gunk per day. Plant G has marginal reduction costs of 100-4x, and is currently polluting at a level of 25, while plant K has marginal reduction costs of 150-y, and currently pollutes at a level of 150. (x and y are the...
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