Multiple Choice
How does the calculation of GDP include the costs of natural resource depletion that occurs when output is produced?
A) The value of resource depletion is added to GDP.
B) The cost of resource depletion is not measured in GDP.
C) The cost of resource depletion is added to real but not nominal GDP.
D) Resource depletion causes GDP to overstate well-being.
Correct Answer:
Verified
Correct Answer:
Verified
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