Climate change has resulted in heightened weather

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Climate change has resulted in heightened weather volatility, which is reflected in insurance claims. Global property and casualty insurers have paid out unprecedented sums related to natural disasters. The limitation of insurance availability is expected to reduce economic growth. UNIT 4 — MILESTONE 4 SCORE 19/20
Circle Oval Rectangle Diamond it is difficult to get an accurate cost on the impact of climate change the universal adoption of the Kyoto Protocol
CEO compensation is tied to stock performance US investors are less concerned about the environment and climate change than those in Europe
It is difficult to keep people from watching a fireworks display even if they don't pay because it is not rivalrous and not exclusive. It is difficult to keep common people out of private gardens because they are rivalrous and excludable. It is difficult to keep people from polluting the air because it is rivalrous but not exclusive. It is difficult to keep people from watching the same movie because it is not rivalrous.
When a tax is imposed When input costs increase When quotas are placed on goods When a subsidy is provided
Public goods are rival and excludable. Common goods are rival and nonexcludable. Common goods are nonrival and excludable. Private goods are nonrival and excludable.
It is limited by assessed inputs and might not consider wider economic impacts. It relies on survey-based information that is subject to biases. It might not consider the heterogeneity of the population. It assumes ceteris paribus to evaluate observed pricing as a means to attribute costs to externalities.
Laffer Curve Consumer confidence index Unemployment rate Weekly jobless claims
Leading indicators that firms might use to predict which part of the business cycle an economy is in Indicators collected by states for tax purposes Coincident indicators that lets people know which industries might be hiring Lagging indicator that firms might use to analyze what labor costs will be in the future
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