Pollution Taxes Are More Efficient in Cleaning Up the Environment

question 181

Multiple Choice

Pollution taxes are more efficient in cleaning up the environment than direct controls.What role is there for direct controls?

• A)They are useful standby mechanisms.
• B)They are useful if it is decided to prohibit the substance altogether.
• C)They are useful where dependable metering devices are not available or prohibitively costly to install.
• D)All of the above are true.

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Definitions:

Ecocity

A city designed with careful consideration of environmental impacts, integrating sustainable resources, and aiming to reduce waste and pollution while improving the quality of life for its inhabitants.

Raw Materials

Basic materials from which products are made, often extracted from the earth and unprocessed or minimally processed before use.

Inputs

Resources, energy, or information fed into a system or process to achieve output or results, crucial for the functioning of various systems.

Stock Dividend

A payment made by a corporation to its shareholders in the form of additional shares, rather than cash.