Economics (McConnell) AP Edition, 19th Edition

Chapter 5: Market Failures: Public Goods and Externalities

Web-based Questions

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Global warming—The EPA's view Go to www.epa.gov and select Climate Change. What are the major greenhouse gases? How much greenhouse gas does the United States emit per person? What is the trend of emissions on a per-person basis? What is the trend of emissions per dollar of GDP in the United States? Use your own analysis to explain how total emissions can rise even though emissions per dollar of GDP substantially decline. Which of the two is more relevant for climate change?
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