Answered: Sustainable resource allocations…

Sustainable resource allocations require that net benefits today (period 1) and tomorrow (period 2) be. O a. equal O b. luxurious O c. cordial O d. as different as possible

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter32: The Land Market And Natural Resources

Section: Chapter Questions

Problem 8E

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Concept explainers

Policy Instruments for Environmental protection

Policy Instruments for Environmental Protection link policy development and decision making to policy implementation to protect the environment and promote sustainable development. Economic growth brings great risk to the environment and often puts increased pressure on environmental resources. But it is the responsibility of the policymakers to ensure that the risk caused to the environment through developmental projects is kept in check. Environmental protection is central to sustainable development. They can be both beneficial and equitable. Environment protection policies can be used to deter environmentally damaging activities. They also improve social equity and raise revenue. 

Question

Sustainable resource allocations require that net benefits today (period 1) and
tomorrow (period 2) be
O a. equal
O b. luxurious
O c. cordial
O d. as different as possible

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