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Assume the Federal Government Determines the Total Level of Pollutants

Question 41

Multiple Choice

Assume the federal government determines the total level of pollutants that can be discharged by city industries. A city is able to buy and sell the rights to this total discharge level with other cities. This is an:


A) emissions tax.
B) Pigouvian tax.
C) tradable emissions permit.
D) environmental standard.

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