Natural disasters like severe earthquakes are devastating to the economy as well as to the individuals harmed due to

Explain why under the gold standard a perpetual surplus or a perpetual deficit is impossible

What will be an ideal response?

Suppose research indicates that the effects of a one degree increase in Earth's average temperature would be much more devastating than previously believed. Therefore, the greater the marginal benefit of reducing greenhouse gases, other things constant,

a. the lower the optimal level of emissions b. the higher the optimal level of emissions c. the likelier that the level of emissions would have no effect d. the lower the optimal level of cleaner air e. None of the answers is correct