Examlex
Define REDD, Reducing Emissions from Deforestation and Forest Degradation.
Miles Driven
The total distance traveled by a vehicle, typically measured in miles.
External Benefit
An advantage or positive effect on a third party or society at large, resulting from an economic transaction or activity, not accounted for in the market price.
Supply And Demand
The economic model that determines the price levels of goods and services based on the relationship between the quantity available and the quantity demanded by consumers.
Price Mechanism
The process by which prices adjust to equilibrate supply and demand, guiding economic actions and resource allocation.
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Q34: So-called _ _ risks are acceptable risks
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