Question
Answer questions (a) and (b): (a)Explain the principles of a Carbon Tax and how it is different from an EmissionsTrading scheme. (5 marks) (b)Explain why
Answer questions (a) and (b):
(a)Explain the principles of a Carbon Tax and how it is different from an EmissionsTrading scheme.(5 marks)
(b)Explain why you think the implementation of such schemes, even if based on sound economic principles, is often the subject of political resistance as we have experienced in Australia during the past decade.(5 marks)
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
6th edition
132831007, 978-0132831000
