Question

Question Completion Status: QUESTION 10 What is the elasticity of the marginal utility of consumption? OA measure of future uncertainty A measure of how much richer people value extra consumption A measure of the social discount rate A measure of present value consumption QUESTION 11 Why might gamma discounting make sense? People do not discount at constant rates People do discount at constant rates People do not like the future as much as the present People like the future more than the present QUESTION 12 What does a damage function measure? The amount of carbon stock in the atmosphere The dose-response function from climate change to economic value The optimal level of abatement The link between climate change and emissions QUESTION 13 Click Save and Submit to save and submit. Click Save All Ansiwers to save all answers MacBook Air D 30 F4 FS 17 F3 & @ $ # 2 6 7 3 4 CO LO

Answer 1

Salution Qu cstion Lo hat is the elasicity of the maxqinal uhlity of consumk Hon? Hence option D onsumption ce A is cosumect opHon Because maxqinal utility isptsent time measune of resent value af caleulation in thange of total consunption Guertion Why might qamma discounting make acnsc 9 Hence option D' f People Like that the future then the mare Auesent . careuect obtion Because future dis count high pro bebity gamma discoant in auentton 12 Wht does demange femehron measwre Hence ophion Chamae to ece ne mic a The doss auerponce from dimabe value auertion 3 abatement technique Which of these Nence aptien B an Gurilding a flood boasoriest? s cosuract answess QuetHon 14 What do Indcqsated Arsesment Model day to puedict Hence optienBa opeimal tenperiatune at minimun eeonomic damage Bleotion I Which of there fandioe ill incsueas the foUam climate chonge 9 PHence opti on Mare countsvies abonting is caoe eonamic demage CsCue

Euestion 16 Why might feed Hence sption D f homes in the zone flood. in farmation net affect home fouice p alwayy Zone doestion 17 yau aue bu er ent value f you diacount the fatwe a offen ed 1o one yea fm naw, what is the nate of 33% Hence option B$6.66" amed answer Auestion 8 What effect does estimate of he uncctainty have diacacnt ate A.0ial Men ce apdion Incsrease i is coseot aswex