Question
Assume that the federal government establishes a regulation that sets a limit on the noise from jet airplane engines. This is an example of a(n) __________.
emission tax
tradable emission permit
environmental standard
Pigovian regulation
emission tax
tradable emission permit
environmental standard
Pigovian regulation
Answers
GPT-4o mini
This is an example of an **environmental standard**. Environmental standards are regulations that set specific limits on the amount of pollution or noise that can be emitted, in this case, from jet airplane engines.