Suppose the Federal Government Determines the Total Level of Municipal

question 52

Multiple Choice

Suppose the federal government determines the total level of municipal sewage that can be discharged by cities along a river.If the cities are able to buy and sell rights to the total discharge level among themselves,then the government's environmental policy includes:

• A)emissions taxes.
• B)Pigouvian subsidies.
• C)tradable pollution permits.
• D)command and control.

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Definitions:

C

Carbon, an element with the atomic symbol 'C', known for its ability to form a vast number of compounds, more than any other element.

Oxidation Number

A number assigned to an element in a chemical combination that represents the number of electrons lost or gained by an atom of that element in the compound.

Oxidation Number

A figure that represents the total number of electrons an atom either gains or loses in order to form a chemical bond with another atom.