Today, the $100 bill is known to be the highest denomination in the U.S. However, it is said that the $100,000 bill was the largest denomination, which was printed in 1934.
Answer:
A carbon tax aims to make individuals and firms pay the full social cost of carbon pollution. In theory, the tax will reduce pollution and encourage more environmentally friendly alternatives. However, critics argue a tax on carbon will increase costs for business and reduce levels of investment and economic growth.
pros-cons-carbon-tax
The purpose of a carbon tax
The purpose of a carbon tax is to internalise this externality. What this means is that the final price of the good should include the external costs and not just the private cost. It is similar to the ‘polluter pays principle.‘ – which was incorporated into international law at the 1992 Rio Summit. It simply means those who cause environmental costs should be made to pay the full social cost of their actions.
Diagram to show welfare loss of a negative externality
negative-externality-id
This diagram shows that in a free market (without any tax), we get overconsumption (Q1) of carbon, leading to a welfare loss to society.
Social efficiency with Carbon Tax
tax-on-negative-externality
Explanation:
<span>A.Caucasus Region is the answer</span>
Answer:
Please find the following three push and pull factors.
Explanation:
Push Factor
Overcrowding
Need for jobs
Ethnic/Religious repression
Refuge for outlaws
Pull factors
Land (cheap and plentiful)
Riches (gold, silver, oil)
Freedom of religion/beliefs
Family connections
Jobs and new opportunities
Adventure
Maybe to find love
