In Recent Years, Many Environmentalists Have Proposed Changes to GDP

question 93

Multiple Choice

In recent years, many environmentalists have proposed changes to GDP accounting that would take into account the impact of economic activity on the environment. Which of the following economic activities that affect the environment is currently included in GDP?

• A)The effect of the depletion of oil reserves on energy expenditures
• B)The effect of deforestation on global climate change and the income of future generations
• C)The impact of corporate pollution on health care spending
• D)Expenditures on pollution control technology

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Definitions:

Few Persons

A term not widely used in a specific financial or legal context; generally, it refers broadly to a small number of individuals.

Commingles

The act of mixing or combining funds or properties in a way that makes them indistinguishable from one another.

Corporate Interests

The concerns, objectives, or priorities of a corporation, often related to profitability, growth, and protecting the company's market position.

Debts

Money owed by one party to another under an agreement to repay borrowed funds or services.