How are pollution and GDP related?
A. only the harm from pollution is included in GDP
B. the value of produced goods that lead to pollution are counted in GDP and pollution is not counted
C. goods whose production creates pollution are not counted in GDP
Ans: B. the value of produced goods that lead to pollution are counted in GDP and pollution is not counted
Economics
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The short-run refers to a period
a. of a few days. b. when prices and wages cannot fully adjust. c. of a few years. d. during which trend cannot change. e. of analysis used in the classical model
Economics
Money is one of our nation's resources (factors or means of production)
a. True b. False Indicate whether the statement is true or false
Economics