1. 3. Match each concept in Column A with a definition or example in Column B: Column...

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1. 3. Match each concept in Column A with a definition or example in Column B:

Column A Column B 1. Opportunity for developing countries to protect nature reserves or pursue environmentally friendly policies 2. An inverted U-shaped relationship between economic development and environmental damages

a. “Green”

taxes

b. Tradable permit systems

c. Debt-for nature swaps

d. Throughput 3. A situation in which population and the use of raw materials and energy have stabilized 4. Based on the principle that a process of pollution reduction may be most efficiently achieved if businesses have choices 5. Designed to discourage pollution and natural resource depletion by making them more expensive

e. Social discount rate f.

Environmental Kuznets curve 6. Reflects social rather than market valuation of future costs and benefits g. Steady-state economy 7. The flow of raw materials and energy into the economic system and the flow of wastes from the system

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Macroeconomics In Context: A European Perspective

ISBN: 125382

1st Edition

Authors: Sebastian Dullien, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras

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