Suppose that a new law limiting the use of greenhouse gases is being considered. It is estimated

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Suppose that a new law limiting the use of greenhouse gases is being considered. It is estimated that the law will cost $900 billion per year, or $100 million per life saved. What would the value of life have to be for this law to make economic sense?

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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