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Explain how the introduction of a tradable pollution permit scheme is likely to reduce the production of electricity using coal (4) Explain the likely effect

  • Explain how the introduction of a tradable pollution permit scheme is likely to reduce the production of electricity using coal (4)
  • Explain the likely effect of a decrease in average weekly real earnings on the equilibrium level of real national output in the uk. Include and aggregate demand and aggregate supply diagram in your answer.

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