Economics · Environmental Economics
In the IPAT equation (I = P × A × T) used to describe environmental impact, what do the variables represent?
- 1I = Impact, P = Population, A = Asset, T = Trade
- 2I = Impact, P = Population, A = Affluence, T = Technology✓
- 3I = Investment, P = Price, A = Asset, T = Technology
- 4I = Impact, P = Population, A = Asset, T = Technology
Correct answer
I = Impact, P = Population, A = Affluence, T = Technology
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