Which of the Following Is a Difference Between Corrective Taxes

question 145

Multiple Choice

Which of the following is a difference between corrective taxes and tradable pollution permits?

• A)Corrective taxes are a market-based solution while tradable pollution permits are a command-and-control policy.
• B)With a corrective tax the government sets the price of pollution; with tradable pollution permits, demand and supply set the price of pollution.
• C)With corrective taxes firms pay for pollution; with tradable pollution permits firms do not.
• D)Corrective taxes internalize the pollution externality while tradable pollution permits do not.

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Personality

A combination of emotional, attitudinal, and behavioral response patterns of an individual.

Behavioral Measures

Observational or quantitative methods used to assess individuals' actions or behaviors in various contexts.

Sociable

Characteristic of enjoying being with people and interacting with them in a friendly manner.

Anxious and Depressed

Emotional states characterized by feelings of tension, worry, sadness, and a lack of interest in life that can affect an individual’s daily functioning.