Which of the following is NOT an example of a command-and-control regulation to limit pollution?
A. Fuel economy standards for all new cars
B. A 50-cent tax on gasoline
C. Mandating the use of catalytic converters on all new vehicles
D. A ban on leaded gasoline
B. A 50-cent tax on gasoline
You might also like to view...
An emerging market country that successfully used exchange-rate targeting to lower its inflation from above 100 percent in 1988 to below 10 percent in 1994 (before devaluation) was
A) Thailand. B) Mexico. C) The Philippines. D) Indonesia.
The nominal interest rate parity condition states that
A) domestic and foreign assets must have nominal returns that are identical, irrespective of the characteristics of the assets. B) when domestic and foreign assets have identical risk, liquidity, and information characteristics, their nominal returns must also be identical. C) while nominal returns are equalized across all foreign and domestic assets, real returns may vary widely. D) while real returns are equalized across all foreign and domestic assets, nominal returns may vary widely.
The great failure of activist fiscal policy in the 1960s was its
A) timidity in the face of persistent stagnation. B) over-reliance on tax cuts to the exclusion of government spending programs. C) delay in reversing course as the economy became overstimulated. D) limited role as an accommodator of an activist monetary policy.
The Federal Reserve System can be described as a bank for bankers
a. True b. False Indicate whether the statement is true or false