Question
1. What is the elasticity of demand, and how does it apply to a carbon tax? 2. What is the difference between cost-benefit analysis and
1. What is the elasticity of demand, and how does it apply to a carbon tax?
2. What is the difference between cost-benefit analysis and cost-effectiveness analysis, as it applies to climate change?
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
