Empirical Evidence Indicates That Imposing Taxes on Polluting Emissions by Firms

question 94

Multiple Choice

Empirical evidence indicates that imposing taxes on polluting emissions by firms

• A)has no effect on the amount of pollution emitted.
• B)does not give the government leeway to regulate more dangerous emissions differently than less dangerous emissions.
• C)does reduce the amount of pollution emitted.
• D)discourages firms from investing in new methods of pollution abatement.

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Definitions:

Contract Law

The branch of legal study that deals with the creation, enforcement, and legality of agreements between two or more parties.

Warranty Statements

Official documents provided by the manufacturer or seller that detail the conditions under which a product can be returned, repaired, or replaced.

Code of Conduct

A set of rules outlining the norms, rules, and responsibilities or proper practices for an individual, party or organization.

Penalties

The consequences or punishments assigned for breaking a rule or law.