Category: Natural Resources and the Environment Toward Sustainable Development

A. external economies
B. negative externalities
C. internal spillover
D. social distortion

A. Unemployment is likely to be low
B. Prices are likely to increase
C. Growth is negative
D. Growth is slow

A. Lawyer services purchased by a home buyer
B. The purchase of a new Nissan produced in Sunderland
C. Copper purchased by tap manufacturer Bristan
D. A new art gallery purchased by the city of Newcastle
E. Lawn care services purchased by a home owner.

A. Real GDP per capita
B. Real GDP
C. Real GDP population
D. Real GDP plus depreciation

A. capital accumulation
B. common property resources
C. non-producible
D. output

A. Trade deficit
B. Blind river disease
C. Dutch disease
D. Economic turmoil

A. examples of Coase’s theorem
B. internalization of negative spillover effects
C. marginal abatement cost
D. examples of a free rider

A. over fishing
B. smoking in a public place
C. excessive rain
D. common use of public toilets

A. intermediate production exceeds final production
B. foreigners are producing more in the Pakistan then Pakistanis are producing in foreign countries
C. real GNP exceeds nominal GNP
D. real GDP exceeds nominal GDP

A. must have fallen
B. must have risen
C. must have stayed the same
D. may have risen fallen, or stayed the same because there is not enough information to determine what happened to real output