Multiple Choice
Which of the following is a main political objection against using the market to reduce pollution?
A) Pollution charges and cap-and-trade schemes raise prices and lower consumer welfare.
B) Cap-and-trade redistributes income from less-efficient polluters to more-efficient polluters.
C) Firms already pay a high corporate tax.
D) Consumers do not have the same built in tax loopholes as firms.
Correct Answer:

Verified
Correct Answer:
Verified
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