Author Question: Direct controls imposing identical emission limits on all polluters are A) efficient if emissions ... (Read 70 times)

moongchi · **on:** Jun 29, 2018

Direct controls imposing identical emission limits on all polluters are

A) efficient if emissions can be accurately monitored, which is seldom possible.
B) equitable because all polluters bear equal costs.
C) likely to require a great deal of high-cost pollution reduction.
D) more efficient and equitable than a system of fines because fines matter less to large than to small polluters.

Question 2

Suppose a single-parent father with four children receives these welfare benefits from the government each month: 400 in cash, 200 in food stamps, and 100 in medical benefits.

If the father takes a job paying 1000 per month he will lose all these benefits and will also pay 100 in income and social security taxes. His earnings from the job are consequently being taxed at an effective marginal rate of A) 80.
B) 60.
C) 40.
D) 20.
E) 10.