Economic incentive to reduce the amount of pollution

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When a system of pollution rights is in office, polluters have no economic incentive to reduce the amount of pollution they generate.

True or False Please explain

Over time banks have become more efficient at using bank capital and thus use less of it relative to the assets they fund. The capital ratios in 2009 of US banks were lower than they were in the 1980s and 1990s.

True or False? Why?

Reference no: EM13987034

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