Content tagged with "economics"
Cap And Trade
“This is an economic model used to reduce carbon emissions. A government sets a ‘cap’ on the total amount of emissions to be allowed, and they sell ‘permits’ or ‘certificates’ or ‘credits’ which allow organizations to emit a certain amount against that cap. The goal is to slowly reduce the cap every…”
Keynesian Economics
“John Maynard Keynes was a British economist. He had a lot of theories about economics, but it basically boils down to this – The government has to intervene in the economy. In a rescission, government has to increase spending to increase demand. During a boom, the government needs to reduce…”