Which of the following topics is not a part of a typical scenario plan?

When there are sustained increases in real GDP over time, we say that the economy is undergoing

A) a recession. B) economic growth. C) massive changes in productive capacity. D) economic stagnation.

The optimal level of water and air quality

a. is zero, which is a pollution-free environment b. occurs when the marginal private cost of air quality equals its marginal social cost c. is greater if the marginal social cost curve of air quality shifts downward d. occurs when all negative externalities are eliminated e. eliminates the common pool problem