What is an example of a public policy (choose all that apply):A light rail transit route through Hamilton's downtown is approved by CityCouncilPlastic bags are banned by the federal government for use in commercialtransactionsA plan to combat homelessness in the province is approved by the legislatureand will be delivered to Cities in the province by the Ministry of MunicipalAffairs and HousingA anti-smoking policy is developed for McMaster main campusThe grocery store develops a no plastic bag policyA company decides to become a b-corp

Public policy is a very significant aspect of society as it influences human behavior by shaping…

Answered: What is an example of a public policy…

Social Psychology (10th Edition)

10th Edition

ISBN:9780134641287

Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers

Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers

Chapter1: Introducing Social Psychology

Section: Chapter Questions

Problem 1RQ1

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Carbon dioxide emissions have been linked to worsening climate conditions. The following table lists some possible public policies aimed at reducing the amount of carbon dioxide in the air. For each policy listed, identify whether it is a command-and-control policy (regulation), tradable permit system, corrective subsidy, or corrective tax. Public Policy Command-and-Control Policy Tradable Permit System Corrective Subsidy Corrective Tax The government limits total carbon-dioxide emissions by all factories to 130,000 tons per decade. Each individual factory is given the right to emit 170 tons of carbon dioxide, and factories may buy and sell these rights in a marketplace. Trees take carbon dioxide out of the air and convert it to oxygen, so the government funds a tree-planting initiative by offering $480 to any citizen who plants a tree. The government orders every factory to adopt a new technology, which reduces…
Consider a lake found in the town of Center Barnstead, and then answer the questions that follow. The town has a campground whose visitors use the lake for recreation. The town also has a fish cannery that dumps industrial waste into the lake. This pollutes the lake and makes it a less desirable vacation destination. That is, the fish cannery's waste decreases the campground's economic profit. Suppose that the fish cannery could use a different production method that involves recycling water. This would reduce the pollution in the lake to levels safe for recreation, and the campground would no longer be affected. If the fish cannery uses the recycling method, then the fish cannery's economic profit is $1,500 per week, and the campground's economic profit is $1,800 per week. If the fish cannery does not use the recycling method, then the fish cannery's economic profit is $2,000 per week, and the campground's economic profit is $1,000 per week. These figures are summarized…
Which of the following is true about the governing of aquaculture in Canada? Select one: a. Nova Scotia is the only province where aquaculture is federally regulated b. The federal government manages all licence and permit programs that relate to aquaculture c. Aquaculture legislation attempts to balance the economic value of the fisheries industry with the need to protect the environment d. The federal government has sole law-making authority relating to aquaculture
Environmentalists in Tennessee brought suit against the Champion Paper Company of North Carolina for polluting the Pigeon River, which flows from North Carolina into eastern Tennessee. Tennessee claimed that the coffee-colored water smelled bad and would not support fishing or swimming. Environmentalists requested that the river be restored to its pristine state, or the water quality it had before the coming of industry. The Environmental Protection Agency (EPA) heard the suit and applied an efficiency standard. In other words, the EPA set limits on how much pollution the paper company could release (though this number was not zero). Adjust the following graph to indicate the negative externality. PRICE (Dollars per sheet) 2 1 10 9 Supply Demand 8 0 0 1 2 Demand 7 9 10 5 3 4 QUANTITY (Sheets of paper) Supply When the EPA imposes standards on the paper company, the quantity of paper produced will company will . The new equilibrium price is $ , and the price of paper from this per sheet…
A market that is efficient in allocating scarce resources to their best use. Which of the following markets is likely to be the most efficient without any government intervention? a) electricity in virginia (hint: Dominion Energy is a monopoly) b) retail market for gasoline c) university education d) internet service
There are actually many economic / environmental theories, some now put into practice, that protect the environment for the sake of nature and our future while still being economically productive. Such a strategy is referred to as: Question 1 options: ecologically sustainable culture gesellschaft environmental lag laissez-faire capitalism When it comes to Environmental issues world governments are beginning to recognize that: (Only one answer is true when you complete this sentence) Question 2 options: certain environmental issues such as global warming, deforestation, and overpopulation require regional, if not global, cooperation and dialogue. that someday, somewhere in the world, we will begin to experience serious food and water shortages. the the developing 3rd World countries will have to play a far more important role in world…
Which of the following might help to solve a free-rider problem? Select all that apply: using the political process to institute taxes to cover the cost of a public good asking fewer individuals to bear more of the cost to produce a public good to make up for free riders appealing to free riders' sense of morality and responsibility employing social pressure to encourage individuals to contribute to community projects and fundraising efforts
Which of the following statements is consistent with Charles Tiebout’s concept of competition by individuals voting with their feet? Group of answer choices Individuals elect the politicians that promise to provide them with the desired level of public goods. Individuals move to the community that provides them with the desired level of public goods. Individuals are herd-like and prefer the same level of public goods as their neighbors. Individuals do not understand what public goods are offered in a town until they move there and try it out.
An externality is a private cost or benefit that results from the production or consumption of a good or service that is external to a market. refers to production or consumption that occurs outdoors. enhances market efficiency. is a benefit or cost that affects someone who is not directly involved in the production or consumption of a good or service.

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