Define a Pigovian tax. Briefly list and explain the problems related to the implementation of the tax.

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Economics

ISBN: 9781292430645

8th Global Edition

Authors: R. Glenn Hubbard, Anthony P. O'Brien

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Question Posted: Mar 05, 2024 05:00 AM

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Define a Pigovian tax. Briefly list and explain the problems related to the implementation of the tax.

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A Pigovian tax named after economist Arthur Pigou is a tax levied on activities that generate negative externalities such as pollution or environmental damage The purpose of a Pigovian tax is to inter...View the full answer

Economics

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