Under an emissions tax program, the government sets ____; under an emissions permits program, the government sets ____.
A. the price of the right to pollute; the price of the right to pollute
B. the price of the right to pollute; the permitted total quantity of pollution
C. the permitted total quantity of pollution; the price of the right to pollute
D. the permitted total quantity of pollution; the permitted total quantity of pollution
Answer: B
You might also like to view...
If the United States exports military hardware, what is the effect in the exchange market? a. It will increase the supply of U.S. dollars
b. It will decrease the supply of U.S. dollars. c. It will increase the demand for U.S. dollars. d. It will decrease the demand for U.S. dollars.
When the domestic currency strengthens under a fixed exchange-rate system, this is called
A. a revaluation. B. a devaluation. C. an appreciation. D. a depreciation.