How might the discount rate used in project appraisal be adjusted to account for environmental concerns? Is there a better way to address these concerns?
What will be an ideal response?
Some suggest higher discount rates, to account for future environmental damage and make environmentally sound projects show a better return. Others prefer to specify environmental costs in the calculation of net present value.
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"All Americans should have access to health care" is an example of
A) a positive statement. B) a microeconomic argument. C) a factual statement. D) a normative statement.
What is the least accurate description of changes in the New World distribution of slaves over time?
a. The West Indies' share of slaves in 1825 was slightly larger than its share of the original transatlantic slave trade. b. The United States was a relatively minor importer of slaves, but grew to hold the largest number of slaves. c. Brazil was the largest importers of slaves from Africa and had one of the largest slave populations in 1825.