ECON3190
ECON3190
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Exam (elaborations)
ECON3190 EXAM QUESTIONS WITH COMPLETE SOLUTIONS
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---14November 20252025/2026A+
- 1. Because cost data for compliance with environmental laws 
typically come from - ANSWER surveys of existing firms, 
they are often overstated 
2. Cost effectiveness is a useful criterion for policy evaluation 
when - ANSWER the level of acceptable pollution is 
determined but not the means 
3. Equity in an environmental policy is... - ANSWER a matter 
of opinion and varies across people and over time 
4. Government failure refers to... - ANSWER the idea that 
gov regulations may resul...
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