Environmental accounting implies that development would be sustainable if The manufactured capital asset remains constant or rises over time. Natural resources and other forms of capital are substitutes. The overall capital assets (including manufactured capital, human capital and environmental

Environmental accounting implies that development would be sustainable if The manufactured capital asset remains constant or rises over time. Natural resources and other forms of capital are substitutes. The overall capital assets (including manufactured capital, human capital and environmental

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter27: Investment, The Capital Market, And The Wealth Of Nations

Section: Chapter Questions

Problem 3CQ

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Question

**Economic subject***

Environmental accounting implies that development would be sustainable if
The manufactured capital asset remains constant or rises over time.
Natural resources and other forms of capital are substitutes.
The overall capital assets (including manufactured capital, human capital and environmental
capital) do not decrease over time.
Natural resources are not affected by production process.

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