The Main Difference Between Tradable Allowances and Taxes Is

question 100

Multiple Choice

The main difference between tradable allowances and taxes is:

• A) only large firms may trade pollution allowances.
• B) tradeable allowances result in a more efficient outcome.
• C) taxes decrease firms' profits.
• D) purely political.

---

Definitions:

Overgeneralizations

Cognitive distortions where an individual applies a general rule too broadly, often leading to inaccurate conclusions or stereotypes.

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural population, and bilingual nature (English and French being official languages).

Ageism

The stereotyping of and prejudice against individuals or groups because of their age.

Theft

The act of taking someone else's property without permission or legal right and with the intention to deprive the rightful owner of it permanently.