Our environment is influenced by stages of economic development. It has been demonstrated empirically that in the early phase ofdevelopment, environmental pollution-Select one:a. fallsb. increases and then fallsc risesd. remains constante. decreases at an increasing rateWhich of the following is true when emission charges are compared to emission standards?Select one:a. Polluters automatically reduce their emissions when abatement costs decline under a policy of emissions charges, but do not reducetheir emissions automatically when standards are in place and abatement costs decline.b. Polluters pay both emission charges and abatement cost charges under a policy of emissions charges, but only pay for abatementcosts when emission standards are in place.c all of the aboved. Polluters will realize bigger pollution control cost reductions from R&D efforts under a policy of emission charges than under a policyof emission standards.

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Our environment is influenced by stages of economic development. It has been demonstrated empirically that in the early phase of development, envitonmental pollution- Select one: a falls b. increases and then falls c rises d. remains constant e. decreases at an increasing rate

Our environment is influenced by stages of economic development. It has been demonstrated empirically that in the early phase of development, envitonmental pollution- Select one: a falls b. increases and then falls c rises d. remains constant e. decreases at an increasing rate

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter10: Externalities

Section: Chapter Questions

Problem 5PA

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Question

Our environment is influenced by stages of economic development. It has been demonstrated empirically that in the early phase of
development, environmental pollution-
Select one:
a. falls
b. increases and then falls
c rises
d. remains constant
e. decreases at an increasing rate
Which of the following is true when emission charges are compared to emission standards?
Select one:
a. Polluters automatically reduce their emissions when abatement costs decline under a policy of emissions charges, but do not reduce
their emissions automatically when standards are in place and abatement costs decline.
b. Polluters pay both emission charges and abatement cost charges under a policy of emissions charges, but only pay for abatement
costs when emission standards are in place.
c all of the above
d. Polluters will realize bigger pollution control cost reductions from R&D efforts under a policy of emission charges than under a policy
of emission standards.

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