The U.S.Department of Commerce has been developing so-called "green accounting" to:
A)include the value of leisure in the gross domestic product (GDP)of the country.
B)register the impact of pollution and natural resource depletion.
C)value the output of new firms.
D)illustrate the difference between nominal GDP and real GDP.
E)measure the value of the output produced by inexperienced workers.

Question

Quizplus · Accepted Answer

The purpose of green accounting is to register the impact of pollution and natural resource depletion on the economy. This involves taking into account the costs of environmental damages and the value of natural resources that are used up in the process of economic activity. It helps to provide a more comprehensive picture of the true costs and benefits of economic growth and development.

The USDepartment of Commerce Has Been Developing So-Called "Green Accounting" To