=+8. Refer back to Example 18.4 on global warming. Table 18.3 (page 698) shows the annual net

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=+8. Refer back to Example 18.4 on global warming. Table 18.3 (page 698) shows the annual net benefits from a policy that reduces GHG emissions by 1 percent per year. At what discount rate is the NPV of this policy just equal to zero?

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Microeconomics

ISBN: 9780134184241

9th Edition

Authors: Robert Pindyck, Daniel Rubinfeld

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