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If you use a higher interest rate in a present value calculation, the result wiil be that a benet realized in the future will have
If you use a higher interest rate in a present value calculation, the result wiil be that a benet realized in the future will have higher value in the present. Setect one: 0 True 0 False Discounting future values with an interest rate is useful because: 0 a. it puts a stream of values over time into present value terms. 0 b. environmental services can then be ignored. 0 c. benefits will then be higher than costs. 0 d. it assures a sustainable outcome. Neoclassical economists like Stern and Nordhaus both use a measure called the "social cost of carbon" in their climate change modeling and assessments of sustainable pathways. What is meant by the "social cost of carbon"? O a. the estimated cost of the damages created by one extra ton of carbon dioxide emissions O b. the value of statistical life used in ciimate change analysis 0 c. the rise in temperature caused by an extra ton of carbon 0 d. an integrated assessment model like PAGE, DICE or FUND To measure strong sustainability, ecological economists: O a. give a generous allowance for technology to generate substitutes for the resource in question. 0 b. rely on the decay rate of plutonium. O c. have developed the measure known as NNW. G (I. adjust GDP to account for the costs of economic growth. 0 e. weigh population and consumption pressure against resource stocks
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