The Cost of Negative Externalities That Harm the Environment,such as Pollution

question 133

Multiple Choice

The cost of negative externalities that harm the environment,such as pollution costs:

• A) negatively affect the level of GDP by the full amount of the damage.
• B) cause GDP to decline,but by only the cost of cleanup.
• C) cause GDP to underestimate true welfare in the economy.
• D) are not included in GDP.

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Definitions:

Placing Blame

The act of assigning responsibility for a fault or wrong to a person or group, often in a negative or accusatory manner.

Plain Language

Writing or speech that is clear, straightforward, and easy to understand, without unnecessary jargon or complexity.

Increasing Productivity

The process of enhancing the efficiency of production processes or workers to produce more output per unit of input.

Conversational Tone

A writing or speaking style that mimics natural, informal speech, often used to make content more relatable and engaging.