When Studying Pollution and the Environment,economists

question 139

Multiple Choice

When studying pollution and the environment,economists

• A) have no role to play.
• B) concentrate on the physical aspects of the environment.
• C) emphasize costs and benefits.
• D) attempt to reduce pollution at all costs.
• E) think pollution is good if it occurs when production takes place.

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Definitions:

Financial Leverage

Utilizing borrowed money to enhance the possible gains from an investment.

Tax Rate

The proportion of tax that an individual or business must pay on their earnings.

ROE

Return on Equity; a measure of the profitability of a business in relation to the equity, calculated as net income divided by shareholder equity.

Assets

Resources owned by a company that have economic value and can be converted into cash, including but not limited to property, plant, equipment, and intellectual property.