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:

BCG Portfolio Analysis

A strategic business tool developed by the Boston Consulting Group to help organizations prioritize which products or units to invest in based on market growth and market share.

Market Growth Rate

The annual rate of growth of the specific market in which the product competes.

Vertical Axis

In a graph or chart, the vertical line to the left side that typically represents the range of values for the variable measured.

BCG Matrix

A strategic business tool developed by the Boston Consulting Group that classifies business units or products into four categories (Question Marks, Stars, Cash Cows, Dogs) based on their market growth rate and market share.