If GDP Calculations Included Measurements of Pollution and Environmental Damage,GDP

question 160

Multiple Choice

If GDP calculations included measurements of pollution and environmental damage,GDP values would most likely be

• A)greater than their values without these measurements.
• B)less than their values without these measurements.
• C)unchanged from their values without these measurements.
• D)meaningless,since GDP values without these measurements would no longer be of value.

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Definitions:

Money Income

The total amount of monetary earnings received by an individual or household, including wages, salaries, and other sources of income.

Noncash Benefits

Benefits provided to individuals or groups that are not in the form of cash, such as food stamps, health insurance, or housing assistance.

Incidence Of Poverty

Refers to the proportion of the population living below the poverty line, indicating the level of poverty within a community or country.

African Americans

A racial or ethnic group in the United States with ancestry from any of the black populations of Africa.