Externalities, the Environment, and Natural Resources Economists use economic an

Question

Externalities, the Environment, and Natural Resources Economists use economic analysis to provide suggestions for responding to environmental problems stemming from the market's short-comings. A is a beneficial event for which others do not compensate the creator for the benefit they receive from the event. A is a harmful event that is created by those who do not pay for the damage done to others from the event. A allows a limited amount of emissions in total by specifying the maximum amount the license holder is allowed to emit. Taxation and Resource Allocation The U.S. government rely on to raise revenues. A is one in which the average tax rate paid by an individual rises as income rises. A is one in which the average tax rate paid by an individual is the same at all income levels. A is one in which the average tax rate paid by an individual falls as income rises. States and localities rely on to raise revenues. and are the most common types of these taxes in the United States. Poverty, Inequality, and Discrimination The is an amount of income below which a family is considered "poor." occurs at the point where an individual falls below a minimum standard of living occurs at the point where an individual falls too far behind the average income. occurs when equivalent factors of production receive different payments for equal contributions to output. A policy is not necessarily ill-conceived simply because it has an undesirable effect on income inequality, provided it makes a sufficiently important contribution to efficiency.

Explanation / Answer

3.POSITIVE EXTERNALITY
NEGATIVE EXTERNALITY
TRADABLE EMISSIONS PERMIT

4.DIRECT TAXES
PROGRESSIVE TAX
PROPOTIONAL TAX
REGRESSIVE TAX
INDIRECT TAX
SALES TAX
PROPERTY TAX

5.POVERTY LINE
ABSOLUTE POVERTY
RELATIVE POVERTY
ECONOMIC DISCRIMINATION

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.