Which of the following statements is correct?
A)Gasoline taxes are an example of an EPA regulation.
B)Gasoline taxes are higher in many European countries than in the United States.
C)Gasoline taxes contribute to global warming.
D)Gasoline taxes are an example of a command-and-control policy.

Question

Quizplus · Accepted Answer

Gasoline taxes are not an EPA (Environmental Protection Agency) regulation, but rather a form of government revenue. Gasoline taxes do vary between countries, with many European countries having noticeably higher taxes than the United States. Gasoline taxes may indirectly contribute to global warming by incentivizing drivers to choose more fuel-efficient vehicles or alternative transportation methods, but they are not a direct cause. While gasoline taxes can be seen as a form of government intervention, they are not considered a command-and-control policy since they do not dictate how companies must operate, but rather tax them for their use of a specific resource.

Which of the Following Statements Is Correct