A short term environment change would be drought, smog, volcanic eruptions, and blizzards. All because it only last for a small period of time and it can affect the way certain species will have to adapt to certain environments.
The answer to this is probably their ability to absorb heat. Oceans are great at absorbing heat from the sun and storing it. If they were bad at it, the heat would be trapped due to the greenhouse effect and the climate would become scorching hot. This way, oceans absorb large amounts of heat and effectively reduce the overall temperature of the world.
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The intuition behind the real wealth effect is that when the price level decreases, it takes less money to buy goods and services. The money you have is now worth more and you feel wealthier. So, in response to a decrease in the price level, real GDP will increase.
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