Which of the following best describes the impact of the Emissions Trading Scheme in the European Union between 2005 and the late 2010s?
A. Overall greenhouse gas emissions increased.
B. Overall greenhouse gas emissions were totally eliminated.
C. Overall greenhouse gas emissions were constant.
D. Overall greenhouse gas emissions decreased.
Answer: A
You might also like to view...
In choosing between apartments in two different locations, the marginal commuting cost is given by:
A) the commuting cost from the apartment located closer to the destination. B) the sum of the commuting cost from each apartment to the destination. C) the commuting cost from the apartment located farther away from the destination. D) the difference between the commuting cost from two different apartments to the destination.
Which of the following items is NOT part of government expenditure on goods and services in the GDP accounts?
A) gasoline purchases for government car pools B) Social Security expenditures C) new computer hardware for use by the IRS D) drapes to brighten up the president's office
In order to reduce or eliminate a chronic shortage in the market for a currency under a fixed exchange rate system, we must devalue the currency
Indicate whether the statement is true or false
The relationship between the output gap and the cyclical rate of unemployment is known as
A) the Phillips curve. B) the LM curve. C) Murphy's law. D) Okun's law.