Which of the following might we use to describe a policy of mandating minimum biofuel use?
1 point
Social cost
Incentive policy
Command and control policy
Pigovian tax
Negative externality
Failure of omission
2.Assume that the speaker is correct, and there is a policy failure–—the costs of mandating biofuel use outweigh the benefits. Which of the following could describe the reason for this policy failure?
4.What concept would describe a policy that outlawed plastic bags?
1 point
Polluter pays
Command and control
Pigovian tax
Incentive-based
Precautionary principle
5.Chapter 7.4 (Government and Laws on the Environment) of the textbook describes a number of US government laws that have to do with the environment. It describes the Clean Air Act, in which we can see the following policies approaches (check all that apply):
1 point
Ambient standard
Precautionary principle
Incentive policy
Pigovian tax
Positive externality
Free riders
Catch shares
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