An economist is more likely to identify _______ as a more efficient and flexible way for society to _______.
A) marketable permits; allow a limited, declining amount of pollution to occur
B) better defined property rights; to address issues of allowable levels of pollution
C) market-oriented environmental tools; enforce strict limits on emissions
D) better defined property rights; to shrink pollution levels over time

Question

Quizplus · Accepted Answer

Marketable permits are a market-oriented tool that allows for a limited and declining amount of pollution, providing flexibility and efficiency in managing environmental issues.

An Economist Is More Likely to Identify _______ as a More