14. What is giving tax dollars to businesses that install pollution control equipment called?
a. |
Tradable pollution rights |
b. |
Subsidy |
c. |
Deregulation |
d. |
User fees |
Answer b. Subsidy
A subsidy is an incentive that the government provides to encourage and promote a particular social or economic policy. Here to encourage the installation of pollution control equipment the government provides a subsidy
Tradable Pollution Rights allow the firms to sell or trade the right to emit particular pollutants
Deregulation is the process of removing the government's involvement in the economic activities
A user fee is a fee, tax, or impost payment paid to a facility owner or operator by a facility user as a necessary condition for using the facility
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