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What Can Be Said When the Government Reverts to a Command-And-Control

Question 137

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What can be said when the government reverts to a command-and-control policy to solve an externality


A) It is usually the most effective policy option available.
B) It creates policies that directly regulate behaviour.
C) It usually involves taxing consumption of a commodity.
D) It typically refers to the Coase theorem to structure the policy.

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