Suppose the government eliminates all environmental regulations and,as a result,the production of goods and services increases,but there is considerably more pollution.Based on this scenario,which of the following statements is correct?
A) GDP would definitely increase,despite the fact that GDP includes environmental quality.
B) GDP would definitely decrease because GDP includes environmental quality.
C) GDP would definitely increase because GDP excludes environmental quality.
D) GDP could either increase or decrease because GDP excludes environmental quality.
Correct Answer:
Verified
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A)excludes the amount of criminal
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Q16: The information below for 2008 in millions
Q17: On the basis of the information presented
Q18: Which of the following statements regarding GDP
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