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If Current Trends Continue, Climate Models Indicate That by 2100

question 22

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If current trends continue, climate models indicate that by 2100 global mean temperature will probably increase by 2° to 6°C compared to todays temperatures. This would result in decreases in


Definitions:

Government Spending

Total government expenditures on final goods and services, including salaries of public servants, public infrastructure, and other government activities.

Multiplier

A quantitative measure that indicates the proportional amount by which aggregate output is expected to increase following an injection of public spending or investment.

Multiplier

A factor by which an initial change in spending will alter total economic output by a greater amount.

National Debt

The cumulative amount of money that a government owes to creditors, both domestic and foreign, as a result of borrowing to cover budget deficits.

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