Environmental science

 

Choose one of the following:
Air Quality- Many human activities result in air pollution, including emissions from vehicles and power plants, negatively impacting human health and economic efficiency. Scientists are analyzing policies to monitor and improve air quality since such regulations first came to pass. How else can we ensure that there will be clean air to breathe for generations to come?
Include each of the Sub-Topics: Clean Air Act, Clean Power Plan
Ecosystems- Healthy ecosystems are essential for the survival and success of countless species on Earth. Scientists are studying the dynamics of these natural systems to assess the benefits of protecting existing ecosystems or restoring those that have been disrupted by human activities or invasive species. What else can be done to preserve these delicate, critical ecosystems?
Include each of the Sub-Topics: Biodiversity, Endangered Species Act, Invasive Species, Ecosystem Services and Management, Fisheries and Fishing
Energy and Electricity- The beginning of the twenty-first century has seen rapid changes in the domestic and international energy landscape. In order to accommodate current and future challenges, scientists are analyzing policy options that balance growing electricity demands with the need to reduce global greenhouse gas emissions. Will we be prepared to meet the energy demands of an ever-growing world population?
Include each of the Sub-Topics: Biomass and Plant Biofuels, Electricity Markets and Regulation, Energy Efficiency, Natural Gas, Offshore Drilling, Oil, Renewable and Clean Energy, Shale Gas
Forests- Forests are home to many invaluable ecosystem goods and services as well as a source of wood products for economies around the world. Scientists are evaluating the effectiveness of forest management policies by accounting for the economic, social, and environmental goals of region-specific programs alongside program costs. Are we doing enough to protect our valuable forests?
Include each of the Sub-Topics: Deforestation, Forest Carbon, Timber and Forest Product Markets, Tree Biotechnology

Sample Solution

minimal, but unemployment rates have raised in Western Europe and dropped in America. It is only around 1973-1983 that high inflation and high unemployment rates were recorded instantaneously. This was described as stagflation. According to Keynesianism criticizers stagflation was an inevitable inheritance of demand management policies associated with Keynesian economics (Baumol and Blinder, 2006)
Economists emphasize that there are two principal reasons of stagflation. First, a negative supply shock can decrease the productive ability of an economy. Examples of unfavorable shocks involve a raise in oil prices for an importing nation. Such shocks have an inclination of raising prices and slowing down the economy by the increasing costs of production and reducing lucrativeness at the same time (Guillermo & Rodrigo 2008). The second plausible cause of stagnation is inappropriate macroeconomic strategies. For example, letting an extreme growth in the supply of currency can escalate inflation, and the government can generate stagnation by using intense regulation of goods and the labor market. These two aspects performed an important role in triggering the 1970s worldwide stagflation that led to the fall of Keynesian economics. The stagflation began with huge increases in oil prices and continued, because central banks used the intense simulative monetary policy to solve the recession. The fall of Keynesianism also credited to the fact that many economists did not take into account the probability of stagflation (Blinder, 2013). Historical data pointed out that high unemployment rates were related with low inflation rates and vice versa, as shown in the Phillips curve (Khan Academy, 2017). The theory was that a high demand for goods increased prices, which in turn stimulated companies to employ more people. Likewise, high employment rates augmented demand. During the 1970s stagflation, it became obvious that the link between inflation rates and employment levels was sometimes unstable. As a result, macroeconomists were unconvinced about Keyn

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.