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    Exam 18: Externalities
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    Tradable Allowances Are Like Taxes in That They Both
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Tradable Allowances Are Like Taxes in That They Both

Question 22

Question 22

Multiple Choice

Tradable allowances are like taxes in that they both:


A) impose a quota on output.
B) maximize surplus.
C) are not efficient.
D) None of these statements is true.

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