By how many times, respectively, did benefits, environmental costs, and social and economic costs increase between 1950 and 2004? How are trends in each of these components driving the overall trend between the GPI and the GDP? Which component has gotten the worst over the years? How would you account for these trends?

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
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By how many times, respectively, did benefits, environmental costs, and social and economic costs increase between 1950 and 2004? How are trends in each of these components driving the overall trend between the GPI and the GDP? Which component has gotten the worst over the years? How would you account for these trends?
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