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The Cost of Negative Externalities That Harm the Environment,such as Pollution

Question 133

Multiple Choice

The cost of negative externalities that harm the environment,such as pollution costs:


A) negatively affect the level of GDP by the full amount of the damage.
B) cause GDP to decline,but by only the cost of cleanup.
C) cause GDP to underestimate true welfare in the economy.
D) are not included in GDP.

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