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If the U.S.has a trade deficit and the nominal exchange rate depreciates,then other things the same
Emissions Tax
A tax imposed on the emission of pollutants, intended to provide economic incentives for reducing environmental harm.
Pigouvian Subsidy
A financial incentive given by a government to encourage activities that have positive externalities or beneficial effects on society that are not fully compensated in the market.
Marginal Social Benefit
The supplementary benefit to the community achieved by consuming or producing an extra unit of a good or service.
Computer Chips
Small electronic components that perform various computing functions within digital devices.
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