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:

Restrictions

Limitations or regulations imposed to control or limit certain actions or activities within a specific context.

Net Loss

The total amount by which expenses exceed revenues over a certain period, indicating financial loss.

Tariff

A levy placed by a government on imported goods and services from abroad, aimed at regulating the amount of trade and safeguarding local businesses.

United States

A country located primarily in North America, known for its large economy, diverse population, and significant influence on global affairs.