Taxes on Polluting Firms for Pollution Are Intended to

question 110

Multiple Choice

Taxes on polluting firms for pollution are intended to

• A)raise enough revenue to cut the deficit in half.
• B)encourage firms to reduce charges by polluting less.
• C)be efficient, i.e., result in no excess burden.
• D)raise revenue for general spending needs.

---

Definitions:

Controversy

A prolonged public dispute, debate, or contention, typically concerning a matter of differing opinions or beliefs.

Stanford-Binet IQ

A standardized test that assesses intelligence and cognitive abilities, forming the basis for many modern IQ tests.

Formula

In mathematics or chemistry, a concise way of expressing information symbolically, such as an equation or a chemical compound.

Mental Set

A framework for thinking about a problem based on previous experiences or methods, which can sometimes limit problem-solving abilities.