The funds that polluters pay that gives them the right to discharge into the air or water a certain amount of pollution are
A. special subsidies.
B. effluent fees.
C. external costs.
D. regulation fees.
Answer: B
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The Latin American region has more economic equality than the HPAE because nations are more democratic
Indicate whether the statement is true or false
The difference between a positive economic statement and a normative statement is that
a. a positive statement must be true; a normative statement is often not true b. a normative statement must be true; a positive statement is often not true c. a positive statement can be verified; a normative statement cannot d. a normative statements can be verified; a positive statement cannot e. a positive economic statement is a moral judgment; a normative economic statement is not a moral judgment
Which of the following is most likely to help the residents of a nation produce more goods and services and achieve higher income levels?
a. Higher tax rates. b. A higher rate of investment. c. A smaller trade sector. d. Greater use of taxation to transfer income from the rich to the poor.
Taxes on emissions have
A. led to firms discovering costless methods of extraction of pollutants from liquid discharges. B. led to increased waste disposal of pollutants. C. led to voluntary reduction in emissions to avoid the taxes. D. not been an efficient penalty. Firms continue to pollute.