In general, the current stock of pollutants (S_t) may be modeled as S_t = E_t + (1 - d)S_t-1 where d is the ________ and E_t is the ________. A) social discount rate; previous stock level B) social discount rate; current emissions C) stock dissipation rate; previous stock level D) stock dissipation rate; current emissions

Question

Quizplus · Accepted Answer

The correct terms are "stock dissipation rate" for $d$, which represents the fraction of the pollutant stock that naturally dissipates or is removed from the environment in a given period, and "current emissions" for $E_{t}$, which refers to the amount of pollutants added to the environment in the current period.

In General, the Current Stock of Pollutants (St) May Be

In General, the Current Stock of Pollutants (S_t) May Be