The primary advantage to selling pollution permits rather than using a fixed percent reduction for all firms is that:
A. enforcement costs are eliminated.
B. the government can raise additional revenue.
C. pollution reduction is accomplished in the least costly way possible.
D. pollution is driven to zero.
Answer: C
Economics
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An unexpected fall in car sales should send bond prices __________ and stock prices __________
A) up; up B) up; down C) down; up D) down; down
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