A pigovian tax on pollution ?

Related Mcqs:

1. Suppose an industry emits a negative externality such a pollution and the possible methods to internalize the externality are command-and-control policies, pigovian taxes, and tradable pollution permits. If economists were to rank these methods for internalizing a negative externality based on efficiency ease of implementation and the incentive for the industry to further reduce pollution in the future, they would probably rank them in the following order (from most favored to least favored) ?

   A. Pigouvian taxes, command-and-control policies, tradable pollution permits.
   B. tradable pollution permits, Pigouvian taxes, command-and-control policies
   C. tradable pollution permits command-and-control policies, Pigovian taxes.
   D. command-and-control policies, tradable pollution permits, Pigovian taxes.
   E. They would all rank equally high because the same result can be obtained from any one of the policies

2. The property tax wealth tax inheritance tax and income taxes such as persona and corporate taxes are ?

   A. indirect taxes
   B. direct taxes
   C. inelastic
   D. value-added tax

3. Imagine there is no tax on income up to Rs 1000 after that there is a tax of 505 what is the average tax rate on an income of Rs 20,000 ?

   A. Rs 50000
   B. 20%
   C. 25%
   D. Rs 10000

4. Air pollution from automobile exhausts, and water pollution steel plants are examples of ?

   A. external economies
   B. negative externalities
   C. internal spillover
   D. social distortion

5. 3M runs a Pollution a Prevention Pays program that has led to a substantial reduction in pollution and costs this would be an example of responding and costs. This would be an example of responding to which of the following ?

   A. Nader’s raiders
   B. The green movement
   C. Governmental regulation
   D. International competition

6. Government levy tax on imports and exports What this tax is called ?

   A. Custom
   B. Exercise Duty
   C. Tariff
   D. Freight

7. Refer to Exhibit 4. If a tax is placed on the product in this market tax revenue paid by the buyers is the area ?

   A. B + C + E + F
   B. B
   C. B + C
   D. A

8. Refer to Exhibit 4. If a tax is placed on the product in this market tax revenue paid by the sellers is the area ?

   A. C + F
   B. A
   C. B
   D. C

9. When a tax on a good start small and is gradually increased tax revenue ?

   A. will fall
   B. will rise
   C. will first rise and then fall
   D. will first fall and then rise

10. If a tax on a good is doubled the deadweight loss from the tax ?

    A. doubles
    B. stays the same
    C. increase by a factor of four.
    D. could rise or fall