What are perverse subsidies Give an example ofsuch a subsidy. How can subsidies be used

Chapter 23, Problem 6

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What are perverse subsidies? Give an example ofsuch a subsidy. How can subsidies be used for environmentallybeneficial purposes? Give three examplesof perverse subsidies and three examples ofenvironmentally beneficial government subsidies and tax breaks. Define gross domestic product (GDP)and per capita GDP. What is an environmentalindicator? What is the genuine progress indicatorand how does it differ from the GDP economicindicator?

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