The Clean Air Act is designed to restrict automobile emissions and reduce the external costs of air pollution. The economic analysis used to develop the Clean Air Act was:
A) normative.
B) positive.
C) macroeconomic.
D) none of the above

Question

Quizplus · Accepted Answer

The Clean Air Act was designed to reduce external costs of air pollution, meaning it was normative in nature as it attempted to prescribe a desired outcome to address a market failure.

The Clean Air Act Is Designed to Restrict Automobile Emissions