Although they are within legal limits, Company X's operations are causing toxins to build up in the wetlands adjacent to its property. The harm done to the environment is included in GDP as part of statistical discrepancy excluded from GDP because the toxin is an intermediate product included in GDP because the company will at some point have to pay the cost of cleanup excluded from GDP because it is not part of a market transaction included in GDP because there is a real cost to cleaning up the toxins

Although they are within legal limits, Company X's operations are causing toxins to build up in the wetlands adjacent to its property. The harm done to the environment is included in GDP as part of statistical discrepancy excluded from GDP because the toxin is an intermediate product included in GDP because the company will at some point have to pay the cost of cleanup excluded from GDP because it is not part of a market transaction included in GDP because there is a real cost to cleaning up the toxins

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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