Government regulation is
A) subject to the same problems of lack of information and lack of incentives for economic efficiency as centrally planned economies.
B) the only reliable way to improve environmental quality.
C) not subject to political concerns when it comes to environmental quality.
D) the most economically efficient way to reduce greenhouse gases.

Question

Quizplus · Accepted Answer

Government regulation can face similar issues as centrally planned economies, such as lack of information and incentives, which can hinder economic efficiency.

Government Regulation Is