Examlex
Understanding the system of government is important for students of public policy because ______.
Pollutants
Substances that contaminate the environment, causing harm to ecosystems and human health.
Tradable Emissions Permits
A market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants.
Equilibrium Price
The price at which the quantity of a product demanded by consumers equals the quantity supplied by producers.
Equilibrium Quantity
The supply and demand for goods or services are balanced at the current market price.
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