Economics/Policy and planning analysis Homework

 Please refer to PDF for questions + reading material.

To answer question #1: Refer to the “Tol 2008” and “Tol notes” PDF to answer question 1.
Use public policy + economics knowledge + research to answer questions 2, 3, 4 & 5.
Questions 4 & 5 are longer answer questions (approx 300 words each)
Note:  I partially answered question 4 and 5 (green color text), please elaborate further on the information provided and answer the questions fully.

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