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6. Which one of the following statements is false? 1) Adjusted Net Saving is neg

ID: 1218384 • Letter: 6

Question

6. Which one of the following statements is false?

1) Adjusted Net Saving is negative in some developing countries

2) Increases in natural resource exports will always increase Adjusted Net Saving

3) Gross Domestic Product fails to account for unpaid work

4) Environmentally Adjusted Net Domestic Product subtracts a value for natural capital depletion

5) Net investment is overstated if no adjustment is made for natural capital depletion

7. Which one of the following expenditures would increase the Genuine Progress Indicator?

1) Buying a home air filter

2) The cost of maintaining a prison

3) Cleaning up a toxic waste site

4) The cost of auto accident repairs

5) Providing expanded public education

8. Which of the following national accounting measures adjusts for defensive expenditures, natural resource depletion, and income inequality?

1) Environmentally Adjusted Net Domestic Product

2) Genuine Progress Indicator

3) Human Development Index

4) Adjusted Net Saving

5) Environmental asset accounts

9. Which one of the following measures would we expect to have the highest dollar value for a particular society?

1) Genuine Progress Indicator

2) Net Domestic Product

3) Gross Domestic Product

4) Environmentally Adjusted Net Domestic Product

5) Gross National Saving

10. A measurement of environmental stocks and functions in physical terms is called ...

1) Green accounting

2) Sustainable accounts

3) Ecological values

4) Environmental asset accounts

5) Critical natural capital

11. A factory is an example of what type of capital?

1) Manufactured capital

2) Human capital

3) Natural capital

4) Depreciated capital

5) National capital

12. Which one of the following is the best example of critical natural capital? 1) Diamonds 2) Soil 3) Hydropower 4) Natural gas 5) Willow trees

Explanation / Answer

6
2) Increases in natural resource exports will always increase Adjusted Net Saving
Statement 1,3,4 and 5 are correct

7
5) Providing expanded public education
1-4 are costs which are deducted