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    Exam 10: Externalities- When the Price Is Not Right
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    If the Government Were to Limit the Release of Air-Pollution
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If the Government Were to Limit the Release of Air-Pollution

Question 254

Question 254

Multiple Choice

If the government were to limit the release of air-pollution produced by a steel mill to 50 parts per million, the policy would be considered a:


A) corrective tax.
B) subsidy.
C) regulation.
D) market-based policy.

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