Question 14
POST_UTME_IMS_U
•
2022
•
ECONOMICS
•
objective
A government is considering a policy to reduce the country's carbon footprint. U\sing the concept of scarcity, explain why the government may face a trade-off between reducing carbon emissions and maintaining economic growth.
Answer Options
Correct Answer
A.
The government may face a trade-off between reducing carbon emissions and maintaining economic growth because reducing carbon emissions requires a reduction in the use of fossil fuels, which are a key input in many industries.
B.
The government may face a trade-off between reducing carbon emissions and maintaining economic growth because reducing carbon emissions requires a reduction in the production of goods and services, which would lead to a decrease in economic output.
C.
The government may face a trade-off between reducing carbon emissions and maintaining economic growth because reducing carbon emissions requires a reduction in the use of energy, which would lead to a decrease in economic output.
D.
The government may face a trade-off between reducing carbon emissions and maintaining economic growth because reducing carbon emissions requires a reduction in the use of resources, which would lead to a decrease in economic output.
Correct Answer
A
Correct Option:
The government may face a trade-off between reducing carbon emissions and maintaining economic growth because reducing carbon emissions requires a reduction in the use of fossil fuels, which are a key input in many industries.
About This Question
This is
Post Utme Ims U
2022
Economics
Question 14.
It is one of the
objective
questions from the
2022
Post Utme Ims U
Economics
examination.