The annual income that can be consumed without diminishing the total capital assets of a nation is
A)purchasing power parity income.
B)sustainable national income.
C)environmental capital stock.
D) per capita income.

Question

Quizplus · Accepted Answer

Sustainable national income refers to the annual income that can be consumed without diminishing the total capital assets of a nation, such as natural resources, human capital, and infrastructure. It takes into account the long-term sustainability of economic growth and development, rather than just focusing on short-term gains in per capita income. Therefore, B is the correct choice. A, C, and D are not the best choices because they do not fully capture the concept of sustainable economic growth.

The Annual Income That Can Be Consumed Without Diminishing the Total