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Given That Pollution Is a By-Product of Some Production Processes

Question 112

Multiple Choice

Given that pollution is a by-product of some production processes,


A) GDP accountants adjust GDP downward.
B) GDP accountants adjust GDP upward.
C) GDP accountants do not adjust GDP unless pollution is a serious problem.
D) GDP tends to overstate economic well-being.
E) GDP tends to understate economic well-being.

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