A New Technology Is Discovered Which Results in All New

question 239

Multiple Choice

A new technology is discovered which results in all new cars producing 50 percent less pollution.Which of the following is true?

• A)GDP will increase to reflect the fact that the air we breathe is cleaner.
• B)GDP will increase if there is an increase in the production cost and price of the car.
• C)GDP increases anytime pollution is reduced.
• D)GDP will decrease.
• E)Real GDP increases because the air is cleaner,but nominal GDP does not change since air is free.

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Definitions:

Sponsoring Organization

A body or institution that provides backing and support, whether financial or in-kind, for initiatives or events.

Previous Groups

Groups that have existed or operated in the past, which may serve as a point of reference or learning for current groups or situations.

Monitoring

involves regularly checking and keeping track of a process or situation to ensure it progresses as planned.

Group Meeting

A gathering of individuals aimed at discussing topics, sharing information, or making decisions collectively.