Answer: double-dividend hypothesis
Explanation: The double dividend hypothesis is the theory that proposes that environmental taxes can improve the environment by reducing pollution and increase economic efficiency at the same time. This is because the use of environmental tax revenues can be channeled into reducing other taxes such as income taxes that deform labor supply and saving decisions. In other words, If the parties that are generating these negative benefits to others would be taxed heavily for these effects, they would have an incentive to reduce production of whatever is causing the negative externality.
Gross Domestic Product The informal market transactions that create increases in production produced are not taken into account, which leads to an underestimation of the real quantity of output produced in an economy.
This is further explained below.
<h3>What is
Gross Domestic Product?</h3>
Generally, Gross domestic product (GDP) is a monetary measure of the total market value of a country's final products and services generated within a certain time period.
This metric undergoes numerous iterations before being regarded a trustworthy signal because of its complexity and subjectivity.
In conclusion, The Gross Domestic Product a method that, due to the fact that informal market transactions lead to increases in production created, estimates to be lower than the actual quantity of output produced by an economy.
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Answer:
While it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton. In fact, the opposite occurred. Cotton growing became so profitable for the planters that it greatly increased their demand for both land and slave labor.
Answer:
False
Explanation:
Traditional classrooms still exist.
