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Economics (AS & A Level) · May / June 2023 · Paper 31 · Question 13

9708Government policies to achieve efficient resource allocation and correct market failure

In 2020, the governor of California issued an order to ban the sale of new vehicles from 2035 that are powered by petrol or diesel fuel. Which type of government policy is this?

  1. Aa nudge
  2. Ba permit to pollute
  3. Cnationalisation
  4. Dregulation

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Correct answer: D. regulation

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