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Please answer all parts of the question. All of the following are examples of government regulation to correct a market failure EXCEPT __________. a.)emissions testing

Please answer all parts of the question.

All of the following are examples of government regulation to correct a market failure EXCEPT __________.

  • a.)emissions testing on cars
  • b.)selling pollution credits to chemical companies
  • c.)the corporate income tax
  • d.)placing a tax on cigarettes

The lack of knowledge regarding relief efforts in a certain region is a type of market failure known as __________.

  • a.)negative externalities
  • b.)regulatory intervention
  • c.)principal-agent problems
  • d.)information asymmetry

The decrease in drugs used to treat asthma, cancer and other illnesses due to air-borne pollution is an example of ___________.

  • a.)contingent valuation
  • b.)healthcare costs
  • c.)hedonic pricing
  • d.)cost-benefit analysis

Amy recently graduated from college and has not been able to find a job in her chosen field of fashion design yet. Her type of unemployment is __________.

  • a.)frictional unemployment
  • b.)classical unemployment
  • c.)structural unemployment
  • d.)cyclical unemployment

Which of the following statements regarding climate change is FALSE?

  • a.)Weather volatility has had an impact on the cost of insurance.
  • b.)Industrial pollution is a factor in the creation of anthropomorphic climate change.
  • c.)Economists believe that the long term effects of anthropomorphic climate change remain uncertain.
  • d.)Climate change has resulted in decreased weather volatility.

Until recently, CEOs and management teams at large in U.S. companies have focused solely on __________.

  • a.)profit and investment returns
  • b.)keeping unions happy and providing a good standard of living for all workers
  • c.)keeping up with climate controls put in place by their European counterparts
  • d.)meeting the social and environmental obligations set forth by the government

Please give answers with proper explanation

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