Include explanations what are the difference between induced and indirect economic impact? 2.) Discuss issues involved in measuring economic impact studies
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A:
1.) Include explanations what are the difference between induced and indirect economic impact?
2.) Discuss issues involved in measuring economic impact studies
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- 1. Which best describes the decision criterion for implementing either a private or public project? a) Costs should not exceed benefits. b) A cost-to-benefit ratio should be less than unity. c) Benefits should exceed costs. d) All of the above. e) None of the above. 2. Which of the following does not represent a potential issue when using the contingent valuation method? a) Precise explanation of environmental attribute being valued. b) Possibility of respondents ignoring income constraint and ignoring availability of substitutes of goods being valued. c) Possibility of respondents misstating their willingness to pay. d) Inappropriate for estimating non-use value of resources. 3. The rate at which future money is discounted in a cost-benefit analysis is referred to as the… a) Real rate b) Nominal inflation rate c) Discount rate d) Time preference rate e) Social rateHello! Can you please answer the remaining questions? [9] Suppose an environmental regulator is concerned with efficient emissions control. The regulator uses its perception about the aggregate marginal abatement cost to determine the emissions tax. What tax rate does the regulator set? [10] Suppose there is uncertainty about firms’ marginal abatement costs. Describe the relationship between AMAC and MD in which taxes would lead to lower efficiency losses compared to permits.1. How can a government encourage investment in a specific technology via the tax laws ? ( for example , information technology , sustainability , or environmental protection )
- 1. a) Explain what the blue band in Figure 6-6 represents. Why is it important? b) For each category of use, give a specific example (not any of the examples given in the text) of how water might be extracted and used, but not consumed. c) For which category of use is in the blue band growing wider fastest? What does this mean? Why is this important?6. Describe how public choice economics model the behavior of various political actors (citizens, politicians,special interest groups, bureaucrat). Be specific in how they would model 2 actors decisions. Give examples.1. Whether the government has taken any action on Call to Action ? 2. Discuss the current status of Call to Actio
- 1. Provide three reasons why it is important for environmental economists to adhere to a code of ethics, whether the code of ethics is formal (documented and sanctioned by an established group) or informal (simply a matter of thinking about what is right, possible spillover effects, and what advice would be appropriate) 2. Explain how environmental justice is related to decisions that governments make about how we use and/or protect environmental resources.The Gizmo Company is planning to develop new household gadgets. Table 13.4 shows the companys demand for financial capital for research and development of these gadgets, based on expected rates of return from sales. Now, say that every investment would have an additional 5 social benefit—that is, an investment that pays at least a 6 return to the Gizmo Company will pay at least an 11 return for society as a whole; an investment that pays at least 7 for the Gizmo Company will pay at least 12 for society as a whole, and so on. Answer the questions that follow based on this information. If the going interest rate is 9, how much will Gizmo invest in R. How much will the firm invest if it also receives the social benefits of its investment? (Add an additional 5 return on all levels of investment.)1. The broader economic factors is also called micro-economics. Group of answer choices True False 2. That branch of Economics that involves the application of its definite laws, theories of investment and business practices to engineering problems involving cost.
- 6. Which of the following is correct? A. Preferential use' attempts to establish a hierarchy of uses. B. Diminishing transferability of water property rights increases the market pressures toward equalization of the marginal net benefits. C. The existing system of prior appropriation rights and federal and state laws increases the degree of transferability of water property rights. D. Beneficial use' applies to instream consumptive uses1. Which of the following benefits could a company gain from using internal markets? a. Increased profits and reduced competition. b. Greater market power and reduced costs of production. c. Access to more input markets and greater levels of competition. d. Better allocation of its resources and more accurate predictions.4.1 A ________ provides money that does not need to be repaid. It is intended to promote renewable energy projects and is primarily available to commercial, industrial, utility, are educational institutions. a. Loan b. Incentive c. Grant d. Lease 4.2 In 1838 the photovoltaic industry was started when Alexandre Edmund Becquerel discovered ______. a. The Becquerel principle b. The photovoltaic effect c. Solar radiation d. Solar irradiance 4.3 A(n) _______ converts DC electricity to AC electricity. a. Converter b. Inventer c. Coupler d. Transformer 4.4 A ______ system collects solar radiation from the sun and converts it directly into DC (direct current) electricity. a. Solar thermal b. Solar architectural c. Photovoltaic d. Radiator