Test: Chapter 5-A Thi Fish and National Income. Suppose thedepletion of the stoc

Question

Test: Chapter 5-A Thi Fish and National Income. Suppose thedepletion of the stock of fish in How would you advise the Commerce Department to take this into account in its calculations? the economy A. B. ° C. 0 D. Identify the value of the total fish stock, and subtract the value of the fish caught from national income. Identify the value of the proven fish stock, and subtract the net change in the proven fish stock from national income. Identify the value of the proven fish stock, and subtract the value of the fish caught from national income. Identify the value of the proven fish stock, and subtract the net change in total fish stock from national income.

Explanation / Answer

Option D.

The depletion of the stock of fish in the economy can be taken by identifying the value of proven fish stock and subtract the change in total fish stock from national income.

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