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Asked Oct 17, 2019
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False
Answer Bank
The term "cap and trade" describes regulation by marketable permits
Compared with no regulation, regulation with marketable permits decreases firms' costs
Pollution taxes are more effective at reducing pollution than marketable permits
Marketable permits provide their owners with the right to pollute a specified amount.
Marketable permits typically achieve pollution reduction at a lower cost than command-and-control regulation
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True False Answer Bank The term "cap and trade" describes regulation by marketable permits Compared with no regulation, regulation with marketable permits decreases firms' costs Pollution taxes are more effective at reducing pollution than marketable permits Marketable permits provide their owners with the right to pollute a specified amount. Marketable permits typically achieve pollution reduction at a lower cost than command-and-control regulation

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A government created license, which control the frequency of a specific activity is defined as marketable permits. The given statements related to marketable permits are separated as true or false as follows

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