Identify the Economist Who First Addressed the Environmental Problem in Terms

question 193

Multiple Choice

Identify the economist who first addressed the environmental problem in terms of externalities.

• A)Joseph Schumpeter
• B)Maynard Keynes
• C)A.C.Pigou
• D)J.B.Say

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Definitions:

Total Income

The sum of all earnings or revenue generated by an individual or entity from various sources before any deductions.

Poverty Threshold

The lowest amount of money required to maintain a sufficient quality of life in a specific nation.

General Level

Often refers to the overall scope or extent of something, such as a general level of understanding or activity, but in an economic context, it might not have a specific definition.

Real National Income

A measure of the total income of a country adjusted for price changes over time, indicating the real purchasing power of income.