While fuel taxes and fuel economy standards can both be effective in increasing the number of...

While fuel taxes and fuel economy standards can both be effective in increasing the number of miles per gallon in new vehicles, clearly explain why fuel taxes are superior means of reducing emissions from automobiles.

Expert Solution

Rahul Sunny answered 2 years ago

legislation for stricter fuel economy standards for new cars produced in the united states will benefit...

legislation for stricter fuel economy standards for new cars produced in the united states will benefit each resident $50 (lower transportation costs, cleaner air, etc). for well over $15 trillion dollars in aggregate benefits. the cost of the legislation to domestic auto manufacturers will be $500 million. according to special interest politics, since the benefits of the legislation clearly outweigh the coats the policy will easily pass with little opposition. True or False

1. The Corporate Average Fuel Economy (CAFÉ) standards was originally set to reduce America’s dependency on...

1. The Corporate Average Fuel Economy (CAFÉ) standards was originally set to reduce America’s dependency on foreign oil by increasing fuel efficiency. How was the program designed? How did different standards for different vehicle types affect the goals and outcomes of the CAFE program? 2. While fuel taxes and fuel economy standards can both be effective in increasing the number of miles per gallon in new vehicles, clearly explain why fuel taxes are superior means of reducing emissions from automobiles....

Discuss both corrective taxes and even subsidies used by a government to protect the economy and...

Discuss both corrective taxes and even subsidies used by a government to protect the economy and also to added social benefits that can be added by the government to elements of society whose needs might not become met. List ways that problems caused by externalities can be solved without government intervention. Explain how the Internet has affected your life both in a positive and even a negative way

A. While both NaBH4 and LiAlH4 can both be used to reduce ketones and aldehydes, the...

A. While both NaBH4 and LiAlH4 can both be used to reduce ketones and aldehydes, the procedure that you followed in lab would not result in the fluorenol product if NaBH4 were simply replaced with LiAlH4. i) Explain why. ii) What change to the procedure would have to be made to use LiAlH4 tosuccessfully reduce fluorenone to fluorenol? B. NaBH4 is not capable of reducing esters since estersare less reactive than ketones. Explain structurally why this is the case. C....

how do fuel prices both high and low contribute to our globalized food economy

What does it take to be both authentic and effective as a leader? Can a leader...

What does it take to be both authentic and effective as a leader? Can a leader be effective but not be authentic? Why or why not?

The text discusses the “fairness of taxes” and states: “While everyone can agree that government needs...

The text discusses the “fairness of taxes” and states: “While everyone can agree that government needs to raise revenues through taxation, there is considerable debate about what each person’s “fair share” of the tax burden should be. To help societies decide which taxes are most fair, two principles of taxation are considered: 1) the benefits-received principle and 2) the ability-to-pay principle.” Basic Economic Principles. In a minimum of 250 words, please share your opinion on a hypothetical problem: How will...

4-A. Can a fuel cell be both an electrollzer producing hydrogen and a power source producing...

4-A. Can a fuel cell be both an electrollzer producing hydrogen and a power source producing electricity and heat? B. Storage batteries have great potential for storing off-peak power as well as accommodating ‘green energy’ However they have serious problems limiting their use. What are they?

A company's effective tax rate can best be described as: Multiple Choice The company's cash taxes...

A company's effective tax rate can best be described as: Multiple Choice The company's cash taxes paid divided by taxable income. The company's cash taxes paid divided by net income from continuing operations. The company's financial statement income tax provision divided by taxable income. The company's financial statement income tax provision divided by net income from continuing operations.

This chapter explains that investment can be increased both by reducing taxes on private saving and...

This chapter explains that investment can be increased both by reducing taxes on private saving and by reducing the government budget deficit. a. Why is it difficult to implement both of these policies at the same time? (b) With reference to problem above, study the effect of each of the below mentioned policies on the market of loanable funds and economic growth of the country. (1) Reducing taxes on private saving (2) Reducing the government budget deficit. Draw graphs of...

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