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A housing developer fills in a wetland which increases the amount communities downstream have to pay to protect themselves from flooding. This increased cost is
A housing developer fills in a wetland which increases the amount communities downstream have to pay to protect themselves from flooding. This increased cost is an example of: Question 4 options: a) A negative environmental externality b) A positive environmental externality c) A payment for ecosystem services d) The social cost of pollination services
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Macroeconomics
Authors: N. Gregory Mankiw, William M. Scarth
5th Canadian Edition
1464168504, 978-1464168505
