Asked by Jasmine Simpson on Jul 20, 2024
Verified
Statement I: SUVs are not subject to fuel standard requirements.
Statement II: A federal tax on gasoline is an example of a command and control regulation.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Fuel Standard Requirements
Regulations that set specific benchmarks for the composition or performance of fuels used in vehicles to reduce environmental impact.
Federal Tax
Taxes imposed by the federal government on income, property, and goods and services, used to fund public services and government operations.
- Examine the effectiveness of command-and-control against incentive-based regulations in tackling environmental issues.
Verified Answer
CO
Cynthia OldmanJul 27, 2024
Final Answer :
A
Explanation :
Statement I is false. SUVs are subject to fuel standard requirements.
Statement II is false. A federal tax on gasoline is not an example of a command and control regulation but rather an economic instrument to influence consumer behavior towards fuel efficiency.
Statement II is false. A federal tax on gasoline is not an example of a command and control regulation but rather an economic instrument to influence consumer behavior towards fuel efficiency.
Learning Objectives
- Examine the effectiveness of command-and-control against incentive-based regulations in tackling environmental issues.