Question
When the federal government specifies the minimum level of fuel efficiency for internal combustion engines in automobiles, it is employing a(n) _________________________________.
Pigouvian tax.
A command and control policy.
Common resource.
Pigouvian subsidy.
Pigouvian tax.
A command and control policy.
Common resource.
Pigouvian subsidy.
Answers
GPT-4o mini
When the federal government specifies the minimum level of fuel efficiency for internal combustion engines in automobiles, it is employing a(n) **command and control policy**.