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Asking What Effect Stricter Chlorofluorocarbon (CFC)controls in North America Will

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Asking what effect stricter chlorofluorocarbon (CFC)controls in North America will have on the future size of the ozone hole over Antarctica is one example of analyzing a spatial interaction.


Definitions:

Tax On Emissions

A governmental levy placed on the emission of pollutants, intended to reduce environmental harm.

Socially Optimal Level

A state where resources are allocated in the most efficient manner from the standpoint of society as a whole.

Industry Output

The total production of goods and services by all firms within a specific industry.

Housing Price Index

A statistical measure designed to reflect the price changes of residential housing.

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