What is the rationale behind a marketable emission allowance scheme?
A) to discipline polluting firms by specifying the maximum amount of emissions allowed and giving them permits to pollute up to their allowance
B) to provide firms with the incentive to consider less costly alternatives to pollution reduction by making firms pay for the right to pollute beyond their specified allowance
C) to raise revenue for the government through the sale of emission permits and at the same time set an emissions target
D) to create a market for externalities: the scheme brings together buyers and sellers of marketable permits
B
You might also like to view...
In the market for Canadian dollars measured in US dollars, the supply of Canadian dollars is
a. The demand for Canadian dollars b. The demand for US Dollars c. The supply of US dollars d. None of the above
Which one of the following statements is NOT accurate in relation to shareholders and their conduct in a? corporation?
A. Because shareholders elect the? directors, in theory the shareholders are the final governing body of the corporation. B. Shareholder activism has become a progressively noticeable issue in corporate governance. C. Because shareholders elect the? directors, institutional stockholderslong dash—such as pension? funds, insurance? companies, mutual? funds, religious? organizations, and college endowment fundslong dash—have significant impact on the governance of corporations. D. Even though most do not have any direct participation in firm? management, shareholders play a significant role in corporate governance. E. Activist shareholders are becoming better prepared and more classy.
Is it possible for the unemployment rate to rise at the same time that the number of people working increases?
A. yes, if labor force growth outpaces growth in the number of people working B. yes, if established workers keep their jobs but no longer have the option of working overtime C. yes, if the new workers are employed less than full time D. no
Refer to the graph below, which shows an aggregate demand. If the economy is at point C and the price level increases by 100, then the wealth, interest-rate, and foreign purchases effects will:
A. Move the economy to point A
B. Move the economy to point B
C. Move the economy to point D
D. Shift the AD curve to the left