Economists Have Helped Modify the Debate Over the Environment

question 49

Multiple Choice

Economists have helped modify the debate over the environment

• A)by pointing out that nature is invaluable.
• B)by focusing discussion on issues of resource allocation.
• C)by lobbying for pollution legislation.
• D)by arguing against tradeable permits for pollution.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.

Output

Refers to the total quantity of goods or services produced by an individual, company, or economy.

Expand

The process of increasing the scale, scope, or reach of an operation, business, or system, often aiming for growth or diversification.