Related to the Economics in Practice on p.436: If the effects of pollution on society as a measure of welfare were included in GDP calculations,the measured level of GDP would most likely
A)increase.
B)decrease.
C)not change.
D)become negative.

Question

Quizplus · Accepted Answer

Including the negative effects of pollution on society would reduce overall welfare, meaning that true GDP levels would be lower than currently measured. Therefore, the measured GDP levels would likely decrease.

Related to the Economics in Practice on P