By ___,According to One Prediction in the Text,as Much as 95

question 20

Multiple Choice

By ___,according to one prediction in the text,as much as 95 percent of the world's rainforests might be gone.

• A)2020
• B)2035
• C)2100
• D)2150

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Definitions:

Positive Externality

A beneficial effect experienced by a third party who did not choose to incur that benefit, often resulting from an individual's or firm's actions.

Corrective Tax

A tax designed to internalize externalities, effectively correcting market outcomes that might otherwise result in social inefficiency.

Command-And-Control Policies

Regulatory strategies where the government sets specific limits and controls on emissions or discharges, often requiring technology or methods to be used.

Corrective Taxes

Taxes imposed to correct the market outcomes by accounting for externalities and bringing the social costs and benefits into balance.