1. Go to the following website: https://www.povertyactionlab.org/policy-lessons. Pick any of the topics listed on that page and read the associated policy brief. Summarize briefly three key messages that you find interesting or important.

2. What does Deaton say are four ways to think about how contributing $0.15 per day might affect world poverty? (This should be on or near page 330 of the book, though some prints might have different page numbering). Provide a short summary assessment of his arguments for each.

3. You are a policymaker tasked with tasked with deciding whether to adopt a carbon tax policy today in order to prevent possible future damages from climate change. (Assume for this problem only the policies in your country matter for climate-related economic damages.) Implementing this carbon tax is estimated to cost the economy $15 billion dollars by imposing new costs on some businesses, but the benefit from avoided climate damages is estimated to be $1.2 trillion dollars in 100 years time. 

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