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With the Demographic Changes in the Elderly Population, the Total

question 16

Essay

With the demographic changes in the elderly population, the total fertility rate, and the African American and Latino populations of the United States, what do you think America will look like in 2050? What changes will that mean for our American government?


Definitions:

Aggregate Demand

The total demand for all goods and services within an economy at a given overall price level and in a given time period.

Pollution Tax

A tax imposed by governments on emissions generated by businesses and industries, aimed at reducing environmental damage.

Marginal Benefit

The additional benefit received from consuming one more unit of a good or service.

Pollution Tax

A tax levied on activities that produce pollution in order to incentivize the reduction of environmental externalities.

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