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Pollution Taxes Are More Efficient in Cleaning Up the Environment

Question 34

Multiple Choice

Pollution taxes are more efficient in cleaning up the environment than direct controls.What is not an advantage of direct controls?


A) They are useful standby mechanisms.
B) They are useful if it is decided to prohibit the substance altogether.
C) They are useful where dependable metering devices are not available or prohibitively costly to install.
D) They are most useful in centrally planned economies.

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