2. A friend in your environmental economics study group suggests that taxes on pollution are ineffective because

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2. A friend in your environmental economics study group suggests that taxes on pollution are ineffective because they do not eliminate all pollution. Based on the ideas from this chapter, explain what is wrong with this argument. Should the goal of any policy be to eliminate all pollution? If not, what should be the goal?

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Macroeconomics

ISBN: 9780134492056

2nd Edition

Authors: Daron Acemoglu, David Laibson, John List

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