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The "real business cycle" (RBC) model adapts the Lucas model by replacing its assumption of
Biomass Energy
Energy produced by burning organic materials such as wood, crop waste, and biodegradable garbage.
Nitrous Oxide Emissions
are releases of N2O, a potent greenhouse gas, into the atmosphere, primarily from agricultural activities, combustion of fossil fuels, and industrial processes.
Land Requirement
The amount of land necessary for a specific purpose, such as agriculture, development, or conservation.
Renewable
Resources or energy sources that can be replenished naturally over time, such as solar or wind power.
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