Economists Argue That the Level of Pollution Should Be

question 63

Multiple Choice

Economists argue that the level of pollution should be

• A) reduced completely to zero because by definition, it is a negative external effect.
• B) ignored because it has always been present since the beginning of history.
• C) reduced to the point where the marginal benefit of pollution reduction is equal to the marginal cost of pollution reduction to society.
• D) best determined by elected officials who can speak on behalf of the public.

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Definitions:

Demographic Transition Model

A theory describing the transition from high birth and death rates to lower birth and death rates as a country or region develops from a pre-industrial to an industrialized economic system.

Development

The process of economic, social, and cultural transformation that improves the well-being and living standards of a society or region.

U.S.-Canada Border

This is the international boundary between the United States and Canada, extending 8,891 kilometers, making it the longest binational land border in the world.

Age Structure

The distribution of individuals among various age groups in a population, often depicted as a population pyramid, influencing growth and social dynamics.