some US States pay money for bottles and cans. Why doesn’t every state do this and why hasn’t the value of the bottles and cans been adjusted for inflation?
In: Economics
The money they give you is simply the deposit you paid when you bought the product. Some people turn it in and get the deposit back, some people recycle it and dont get the deposit back, some people simply throw it away.
It’s only around a nickel or dime because it isn’t a refund, just an incentive to get people to recycle.
The money you get for the bottles and cans is the deposit you pay when you buy the product. It isn’t adjusted for inflation because it doesn’t represent the value of the can or bottle, just the deposit.
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