If X Transferable Emissions Permits Are Issued and There Are

question 36

Multiple Choice

If X transferable emissions permits are issued and there are n potential polluters,

• A) the government must initially assign each of the potential polluters X/n permits.
• B) the government must assign X/n permits to each potential polluter and check periodically that those permits have not moved.
• C) emissions will be the same whether or not the permits are split equally, so long as none of the permits are issued outside the group.
• D) emissions will be the same no matter who receives them first, so long as the recipient is willing and able to participate in the permit market.
• E) emissions will be less if the permits are given initially to firms with lower abatement costs.

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Definitions:

Efferent Neurons

Nerve cells that carry neural impulses away from the central nervous system toward muscles to cause movement, also known as motor neurons.

Afferent Neurons

Nerve cells that carry sensory information from the body's tissues and organs to the brain or spinal cord.

Spinal Cord

The central nerve column that runs down the back and transmits messages between the brain and the rest of the body.

Gate-control Theory

A theory that suggests pain is not merely a direct result of activation of pain receptor nerves but is also subject to modulation by psychological factors at the spinal cord level.