The Advantages of Emissions Permits Over Taxes Is/are

question 180

Multiple Choice

The advantages of emissions permits over taxes is/are:

• A)it reduces undertainty about the quantity of pollution that will be emitted. 
• B)environmental authorities decide on an emissions ceiling in advance of issuing permits. 
• C)pollutants can be limited to levels which do not affect health. 
• D)All of the above are correct.

---

Definitions:

Inventory

Raw materials, work-in-process, and finished goods that a company holds with the intent to sell or use in production.

Wages Payable

An account that records the amounts owed to employees for work performed that have not yet been paid.

Cash Flow

The total sum of cash and cash-like assets moving in and out of a company.

Capital Stock

The total amount of a company's shares that are authorized for issuance, representing the ownership of the company.