Pollution rights may be traded if

A. polluters try to hide pollution.
B. administrators are uncertain about Pigouvian taxes.
C. there is no market for pollution.
D. pollution is harmless.

B. administrators are uncertain about Pigouvian taxes.

Economics

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What is the difference between positive economic analysis and normative economic analysis? Give one example each of a positive and normative economic issue or question or statement

What will be an ideal response?

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Which of the following is an advantage of fixing exchange rates?

A) limiting foreign exchange risk B) making residents more mobile across countries C) eliminating trade deficits D) making the prices of foreign goods more flexible in the domestic market

Economics