Multiple Choice
What is not true for a system of financial penalties for polluters?
A) Firms may be fined for pollution.
B) Firms might have to pay a tax for each unit of pollution created.
C) Firms would be encouraged to pollute less.
D) Firms are always guaranteed the permit to pollute.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: If a depletable resource is selling in
Q19: Environmental quality is<br>A)a public good.<br>B)best improved through
Q20: A failure of the pricing system has
Q21: Centrally planned economies like China produce relatively
Q22: Taxes on emissions have<br>A)led to firms discovering
Q24: China, the last large communist society,<br>A)has proved
Q25: Economists generally prefer to deal with emissions
Q26: Environmentalists, politicians, and economists have different perspectives
Q27: Under an emissions tax program, the government
Q28: The advantages of emissions permits over taxes