In general, the current stock of pollutants (St) may be modeled as St = Et + (1 - d)St-1 where d is the ________ and Et is the ________
A) social discount rate, previous stock level
B) social discount rate, current emissions
C) stock dissipation rate, previous stock level
D) stock dissipation rate, current emissions
D
Economics
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Large countries can improve their welfare by levying a tariff only if it does not
A) encourage rent seeking elsewhere in the economy. B) discourage innovation. C) lead to retaliation by the nation's trading partners. D) All of the above. E) None of the above.
Economics
Which of the following statements is not true? To acquire Bitcoins, an individual can:
a. Trade for them. b. Buy them. c. Mine them by solving a Bitcoin-generated computer algorithm. d. Borrow them at any local Bitcoin bank. e. All of the statements above are true.
Economics