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According to Economist Herman Daly, Neoclassical Economics, with Its Emphasis

Question 32

Multiple Choice

According to economist Herman Daly, neoclassical economics, with its emphasis on economic growth as the goal of economic policy will inevitably fail to meet these challenges:


A) if it suggests that the population of the world needs to be controlled.
B) unless it recognizes that the economy is but a subsystem within earth's biosphere.
C) unless it recognizes that resources are infinite.
D) if it focuses on recycling and reusing the by-products of the production process.

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