In practice, taxes on emissions of pollutants have been found to
A. be ineffective in encouraging firms to pollute less.
B. significantly reduce pollution by taxed firms.
C. be less reliable in reducing pollution than direct controls on pollution.
D. cause failures of the pricing system.
Answer: B
Economics
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Suppose Honda purchases a car factory in the United States. This purchase is entered into which of the balance of payments accounts?
A) business purchases account B) current account C) capital and financial account D) trade account E) official settlements account
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