Environmental damage
a. cannot be reduced to zero.
b. is inevitable where humans exist.
c. tends to increase as long as benefits outweigh the costs to the damagers.
d. All of the above are correct.
d
Economics
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GDP excludes most nonmarket transactions. Therefore, GDP tends to ________.
A. underestimate the rate of inflation in the economy B. overestimate the rate of inflation in the economy C. underestimate the amount of production in the economy D. overestimate the amount of production of the economy
Economics
Science is justified through heuristic models.
Answer the following statement true (T) or false (F)
Economics