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$50 per ton
the carbon tax implemented by Canada to manage a negative externality of production
50’000
firms who emit more than (…) must pay the carbon tax implemented by Canada
80 - 90 million tons
the carbon tax implemented by Canada aims to reduce greenhouse gas emissions by…
Ontario, Alberta and Saskatchewan
the carbon tax implemented by Canada has faced backlash from governments of…
100% tax
Qatar placed a (…) on alcohol to manage a negative externality of consumption
2019
the year in which Qatar launched a tax doubling the price of alcohol
healthcare and education
the sectors which the earned revenue from Qatar’s sin tax will be reinvested into
minimum smoking age from 18 to 21
Hawaii raised the (…) to manage a negative externality of consumption
2021
the year during which Hawaii raised the legal smoking age
86%
the percentage of Hawaiian residents who report to having started smoking before 21
1400
the number of people tobacco kills annually
clean energy
the product which Spain is subsidizing by $215 million
$101 million
the amount of money Spain is investing into renewable energy production
700’000 tons every year
the estimated amount the Spain’s investment into clean energy is going to reduce emissions by
vegetables
the good the Indian state of Kerala has placed a price floor on
20% greater than their production cost
the size of the price floor Kerala has placed on vegetables
individually requested COVID swab tests
the good Indonesia has placed a price ceiling on
900’000 Rp
the price at which Indonesia has placed a price ceiling at on individually requested COVID swab tests
Asda and Sainsbury in 2019
the merger of these two supermarket firms was blocked by Britain’s competition and markets authority
30.7%
the market share the merger of Sainsbury and Asda would have had if they hadn’t been blocked
2018
the year in which the European commission fined Google
violating the EU’s competition rules by requiring phone manufacturers to preinstall the google browser to access the play store
the reason for the European commission fined Google
$5 billion
the fined imposed on Google by the European Commission in 2018
1.11%
the new minimum lending rate imposed by the Taiwan Central Bank to impose an expansionary monetary policy
march 2020
the month and year in which the Taiwan Central Bank set a new minimum lending rate
1.7%
due to Taiwan’s expansionary monetary policy the inflation rate remains stable at…
3.72%
Taiwan’s unemployment rate in March 2020
3.60%
Taiwan’s unemployment rate in March 2021
£150 billion
the value of government bonds bought by the Bank of England
November 2020
the time at which the Bank of England began buying government bonds to fight a recession
0.01%
the interest rate in November 2020 which made it impossible for the Bank of England to adjust further
5.1%
the unemployment rate before the Bank of England began buying government bonds
May 2022
the time at which the US Federal Reserve announced it would be raising interest rates
0.5%
the value by which the US Federal Reserve raised the interest rates
8%
the climbing inflation rate which caused the US Federal Reserve raised the interest rates
up to $1400
the direct payment provided to US citizens as part of the CARES Act to boost spending as part of an Expansionary Fiscal Policy
4%
the expected GDP growth as a result of the CARES Act Expansionary Fiscal Policy
3.2%
the expected unemployment rate as a result of the CARES Act Expansionary Fiscal Policy
$225 billion
the amount by which the US government reduced spending on the defense sector
1990
the year in which the US government reduced spending on the defense sector as part of a Contractionary Fiscal Policy
almost $83 billion
the amount invested into research and development by South Korea
2019
the year in which South Korea heavily invested into research and development
a progressive tax system
the type of tax system Denmark uses
55%
the % of income taxed in Denmark’s highest tax bracket
from 0.282 to 0.277
the fall in Denmark’s Gini coefficient resulting from its progressive tax system
40’203 ton quota
the type of trade protection China imposed on Australian wool imports
80%
the percentage of Australian imports which account for China’s total wool imports
monetary union
the type of trading bloc the European Union is
27 countries
the number of members of the European Union
1993
the year the European Union was founded
August of 2015
the year in which the People’s Bank of China devalued it’s currency to counter rapid appreciation
3%
the amount by which the People’s Bank of China devalued it’s currency to counter rapid appreciation
33%
the appreciation of the Chinese Yuan against the US Dollar before the People’s Bank of China devalued it’s currency
