Confusion Over Multiple Choice Question (1 Viewer)

[michael1990]

My Economics Class were arguing over a certain multiple choice question in the Leading Edge Workbook (2008) on Environmental Management.

Q10. Which of the following government policies would be the most effective at preserving the natural environment?

(A) Banning the production of goods which create air pollution

(B) Taxing the production of goods which create air pollution

(C) Setting a quota on the production of goods which create air pollution

(D) Subsidising the production of goods which create air pollution.

Okay the class had said (A), but our teacher had said (B) as that was the Leading Edge Answer.

We all came down to the fact that (C) would be better than (B) anyway evening if (A) wasn't the answer. (even thought it is quite obvious (A) is the correct answer). As large firms would be able to afford a high tax rate whereas if there was a quota they wouldn't be able to buy more power to pollute the air.

 

[Muz4PM]

Do they have like little explainations for the answer? Sometimes, some textbooks have them for multiple choice. It would be interesting to see how they justified it.

 

[michael1990]

Do they have like little explainations for the answer? Sometimes, some textbooks have them for multiple choice. It would be interesting to see how they justified it.

I don't believe so no.

 

[veloc1ty]

Lol we had that same problem, textbook said B but most of us thought A. You have a good point too, though of course it's ambiguous as it depends on how expensive the tax is and how big the quota is.

 

[michael1990]

Lol we had that same problem, textbook said B but most of us thought A. You have a good point too, though of course it's ambiguous as it depends on how expensive the tax is and how big the quota is.

Yeah, so without the figures cannot say whether (B) or (C) is correct, we can say (D) is wrong.
So that that leaves (A)?

 

[veloc1ty]

Yes. The textbook isn't perfect.

 

[michael1990]

Yes. The textbook isn't perfect.

Yeah, but you can see how (A), (B) and (C) could be correct.

 

[veloc1ty]

With multiple choice questions you choose the MOST correct. There is no better way to prevent air pollution than by preventing production of goods which cause it.

 

[WannaBang?]

My Economics Class were arguing over a certain multiple choice question in the Leading Edge Workbook (2008) on Environmental Management.

Q10. Which of the following government policies would be the most effective at preserving the natural environment?

(A) Banning the production of goods which create air pollution

(B) Taxing the production of goods which create air pollution

(C) Setting a quota on the production of goods which create air pollution

(D) Subsidising the production of goods which create air pollution.

Okay the class had said (A), but our teacher had said (B) as that was the Leading Edge Answer.

We all came down to the fact that (C) would be better than (B) anyway evening if (A) wasn't the answer. (even thought it is quite obvious (A) is the correct answer). As large firms would be able to afford a high tax rate whereas if there was a quota they wouldn't be able to buy more power to pollute the air.

Obviously, it's A, but that just isn't a plausible option. Banning the production of all goods that cause pollution...psshhh! That's like saying let's ban everything!

I say C, as larger companies will have the ability to pay the high rates of tax, but setting a quota means there is a set number of items a company is able to make, or a set ammount of pollution a company is able to generate.

 

[michael1990]

Obviously, it's A, but that just isn't a plausible option. Banning the production of all goods that cause pollution...psshhh! That's like saying let's ban everything!

I say C, as larger companies will have the ability to pay the high rates of tax, but setting a quota means there is a set number of items a company is able to make, or a set ammount of pollution a company is able to generate.

The answer according to the textbook is (B).

Its (A), this is obvious.

But if you interpret the question you should be saying (A) anyway.

to preserve is to keep something.
If the question said conserve it would be (C).

 

[JSBboag]

My Economics Class were arguing over a certain multiple choice question in the Leading Edge Workbook (2008) on Environmental Management.

Q10. Which of the following government policies would be the most effective at preserving the natural environment?

(A) Banning the production of goods which create air pollution

(B) Taxing the production of goods which create air pollution

(C) Setting a quota on the production of goods which create air pollution

(D) Subsidising the production of goods which create air pollution.

Okay the class had said (A), but our teacher had said (B) as that was the Leading Edge Answer.

Firstly its an effective question -
A.) Banning the production would have immediate and direct consequense to the economy by halting all exports and imports under this bracket of pollution,

However, B.) appling a tax will directly reduce the pollution but allows the economy to adapt to these changes and thus there would be no great falls in the economy.

- i don't even do economics but that is why i would have picked (B).

 

[michael1990]

My Economics Class were arguing over a certain multiple choice question in the Leading Edge Workbook (2008) on Environmental Management.

Q10. Which of the following government policies would be the most effective at preserving the natural environment?

(A) Banning the production of goods which create air pollution

(B) Taxing the production of goods which create air pollution

(C) Setting a quota on the production of goods which create air pollution

(D) Subsidising the production of goods which create air pollution.

Okay the class had said (A), but our teacher had said (B) as that was the Leading Edge Answer.

Firstly its an effective question -
A.) Banning the production would have immediate and direct consequense to the economy by halting all exports and imports under this bracket of pollution,

However, B.) appling a tax will directly reduce the pollution but allows the economy to adapt to these changes and thus there would be no great falls in the economy.

- i don't even do economics but that is why i would have picked (B).

Its not asking for you to think about the impacts?
Its asking you the most effective way.

 

[lyounamu]

Its not asking for you to think about the impacts?
Its asking you the most effective way.

In terms of preserving the natural environment, A is the most effective way. If it asks you to deduce the answer considering both the economy and the environment, B would be the most effective way.

In your question, A is the best answer.

 

[michael1990]

In terms of preserving the natural environment, A is the most effective way. If it asks you to deduce the answer considering both the economy and the environment, B would be the most effective way.

In your question, A is the best answer.

I have a high level of respect for you lyounamu.

 

[Andrew375]

Q10. Which of the following government policies would be the most effective at preserving the natural environment?

(A) Banning the production of goods which create air pollution

(B) Taxing the production of goods which create air pollution

Okay the class had said (A), but our teacher had said (B) as that was the Leading Edge Answer.

The textbook and your teacher is right. The text book clearly stated that
"Banning all productions of goods which create air pollution is only used, if it has an extreme enviromental damange." However, in the HSC syllabus, we're learning what the government will do. Yes. In the past, and general knowledge tells us that, A is correct, no production = no envirmoental damange.
However, we're doing economics, the BEST action that the government can do to limit air pollution, while NOT affecting economic growth. If we ban the production of a certian product, there will be job losses, and decrease in total GDP, decrease in Consumption blah, the effect is numerous!
So the government can only tax the production, Limiting the pollution. that's why B is the only correct answer.

 

[michael1990]

The textbook and your teacher is right. The text book clearly stated that
"Banning all productions of goods which create air pollution is only used, if it has an extreme enviromental damange." However, in the HSC syllabus, we're learning what the government will do. Yes. In the past, and general knowledge tells us that, A is correct, no production = no envirmoental damange.
However, we're doing economics, the BEST action that the government can do to limit air pollution, while NOT affecting economic growth. If we ban the production of a certian product, there will be job losses, and decrease in total GDP, decrease in Consumption blah, the effect is numerous!
So the government can only tax the production, Limiting the pollution. that's why B is the only correct answer.

Thats wrong.

If you read the question it has no reference to Economic Growth, Unemployment or anything other IMPACT it clearly asks:

Q10. Which of the following government policies would be the most effective at preserving the natural environment?

(A) Banning the production of goods which create air pollution

(B) Taxing the production of goods which create air pollution

(C) Setting a quota on the production of goods which create air pollution

(D) Subsidising the production of goods which create air pollution.

The MOST EFFECTIVE way.
Banning is the most effective.

You're stating the impacts of the ban, we are not discussing the impacts.

 

[cs01001]

Well, from an economics point of view, taxing it would provide extra revenue for the government, and at the same having the positive effect of slowing down air pollution. Hence its a win win situation for teh governemnt, therefore most effective government policy maybe?

 

[michael1990]

Well, from an economics point of view, taxing it would provide extra revenue for the government, and at the same having the positive effect of slowing down air pollution. Hence its a win win situation for teh governemnt, therefore most effective government policy maybe?

I thought about that at the start but then i thought well its not asking for the impacts but the most effective. Now (A) would be the most effective?

 

[midifile]

Q10. Which of the following government policies would be the most effective at preserving the natural environment?

(A) Banning the production of goods which create air pollution

(B) Taxing the production of goods which create air pollution

Okay the class had said (A), but our teacher had said (B) as that was the Leading Edge Answer.

The textbook and your teacher is right. The text book clearly stated that
"Banning all productions of goods which create air pollution is only used, if it has an extreme enviromental damange." However, in the HSC syllabus, we're learning what the government will do. Yes. In the past, and general knowledge tells us that, A is correct, no production = no envirmoental damange.
However, we're doing economics, the BEST action that the government can do to limit air pollution, while NOT affecting economic growth. If we ban the production of a certian product, there will be job losses, and decrease in total GDP, decrease in Consumption blah, the effect is numerous!
So the government can only tax the production, Limiting the pollution. that's why B is the only correct answer.

+1

Banning production of goods that create pollution is economically unviable as our economy could not survive without the creation of pollution.

 

[Krum5]

I agree that (A) is the most effective way, but the way i see it is that leading edge has taken the most economically sustainable way. btw did ur teacher mark u wrong?