Which of the Following Statements Is Not Correct

question 78

Multiple Choice

Which of the following statements is not correct?

• A)Tradable pollution permits have an advantage over corrective taxes if the government is uncertain as to the optimal size of the tax necessary to reduce pollution to a specific level.
• B)Both corrective taxes and tradable pollution permits provide market-based incentives for firms to reduce pollution.
• C)Corrective taxes set the maximum quantity of pollution, whereas tradable pollution permits fix the price of pollution.
• D)Both corrective taxes and tradable pollution permits reduce the cost of environmental protection and thus should increase the public's demand for a clean environment.

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Definitions:

Pie Chart

A circular chart divided into sectors, each representing a proportion of the whole, typically used to visualize percentages or statistical data.

Percentage

Symbolized by %, it represents a number or ratio expressed as a fraction of 100, used to denote proportions, rates, or comparative statistics.

Column Chart

A type of graph that uses vertical bars to represent data values, with each bar's height corresponding to the data value.

Database Design

The process involved in creating a detailed data model of a database. This design includes the structures that hold the data, relationships among data points, and the rules governing data integrity and access.