Reduce air pollution and traffic congestion to optimal level

Assignment Help Business Economics
Reference no: EM131113493

Achieving lower pollution Suppose the government decides to raise the gasoline tax as a way to reduce air pollution and traffic congestion to their optimal levels.

Which of the following describes why corrective taxes, such as the gasoline tax, are unlike most other taxes?

A. Other taxes are typically used to cover general spending, but funds from corrective taxes can be used only to alleviate pollution.

B. Corrective taxes alter incentives, whereas other taxes typically do not.

C. Other taxes get passed on from businesses to consumers, whereas corrective taxes do not.

D. Corrective taxes bring the allocation of resources closer to the social optimum and, thus, improve economic efficiency.

Reference no: EM131113493

Questions Cloud

Purpose and value of a request for proposal : Explain and discuss the purpose and value of a request for proposal (RFP). What should it contain, and why? No word limit.
Compute the loss national organization bank : Assuming that both Botosan Company and National Organization Bank use the effective-interest method to amortize the discount, prepare the amortization schedule for the note.
Nation benefits from international trade : A nation benefits from international trade if it:
Explain the term noble cause corruption : Explain the term noble cause corruption. Give an example of this in contemporary law enforcement
Reduce air pollution and traffic congestion to optimal level : Achieving lower pollution Suppose the government decides to raise the gasoline tax as a way to reduce air pollution and traffic congestion to their optimal levels. Which of the following describes why corrective taxes, such as the gasoline tax, are u..
Which pair has the highest degree of nucleotide similarity : Which pair has the highest degree of nucleotide similarity in their operational genes? Which pair of organisms would you expect to have the highest degree of nucleotide similarity in theirinformational genes?
Formulate a linear programming model : Formulate a linear programming model for the make-or-buy decision for Cleveland Stapler that will meet the 5,000-unit demand at a minimum total cost.
Explain the confidentiality rules of defense attorneys : Explain the confidentiality rules of defense attorneys and explain some situations where they may be able to disclose confidential information
Consider hypothetical closed economy : Consider a hypothetical closed economy in which households spend $0.65 of each additional dollar they earn and save the remaining $0.35. The marginal propensity to consume (MPC) for this economy is? , and the multiplier for this economy is ?.

Reviews

Write a Review

Business Economics Questions & Answers

  What should be the construction level if fixed costs

Illustrate what should be the construction level if fixed costs rose to $48,000 per month?

  What is the present worth of the bonus package

A bonus package pays an employee $2000 at the end of the first year, $2500 at the end of the second year, and so on, for the first 10 years of employment. What is the present worth of the bonus package at 5% interest?

  Long run monopolistic competition is inefficient because

It has been argued that in the long run monopolistic competition is inefficient because

  How many months will it take to pay for the building?

A building is priced at $250,000. If a down payment of $25,000 is made and a payment of $5000 every month thereafter is required, how many months will it take to pay for the building? Interest is charged at a rate of 9% compounded monthly.

  Increase or decrease in the money supply

Increase or decrease in the money supply increase the price level to the tolerable range

  Gasoline dummy variable as independent variables

Run a multiple regression that has the maintenance cost as the dependent variable and the age, miles per month, and Gasoline dummy variable as independent variables.

  Describe one strong and weak force impacting your industry

Using the industry and company you are analyzing for your final project, describe one strong force and one weak force impacting your industry and company.

  Why is it that grazing land was not protected by families

This grazing land was for whole town and families could allow their flock of sheep to graze free of charge. Why is it that grazing land was not protected by individual families.

  Electoral votes to win the election

Electoral College system take a country named know land that has. Suppose there are 9 small states in know land where each have 1 million people in.

  Calculate the mpc and the spending multiplier

MPC = 0.75. Calculate the spending multiplier and the tax multiplier. Spending multiplier = 2.5. Calculate the MPC and the tax multiplier. Tax multiplier = 4.0. Calculate the MPC and the spending multiplier

  What would be additional profit if company managed to have

What would be additional revenue per hour obtained if company managed to have 10 doctors overseas on duty at any given time. What would be additional profit if company managed to have 10 doctors overseas on duty at any given time.

  Qnow you want to improve the aggregate production function

q.now you want to improve the aggregate production function to increase the provide capacity of the economy. that is

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd