What Was a Key Finding of the 2007 Stern Report

question 39

Multiple Choice

What was a key finding of the 2007 Stern Report in the United Kingdom on the Economics of Climate Change?

• A)The costs of extreme weather over the next few decades could reach 0.5% to 1% of world GDP per annum.
• B)Climate change should promote forced savings over the next few decades.
• C)Climate change bears little, if any correlation to economic disruption.
• D)The costs of extreme weather over the next few decades could reach 10% to 15% of world GDP per annum.

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Definitions:

Broker Fee

A flat fee or commission that a stockbroker charges for trade stocks.

Fractional Share

A portion of a single share of a company, allowing investment in smaller amounts than the full share price.

Capital Gain

The profit from the sale of assets such as stocks, bonds, or real estate, which exceeds the purchase price.

Annual Dividend

The total dividend payment a shareholder receives from a company in one fiscal year, based on the number of shares owned.