A distinguishing feature of environmentally adjusted domestic product (EDP) as an indicator of sustainability is that it
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A distinguishing feature of environmentally adjusted domestic product (EDP) as an indicator of sustainability is that it treats human capital as an investment, as measured by the total expenditures on education. This is a departure from the norm since human capital is conventionally treated as a consumption expenditure. Try to identify the pros and cons to this approach.
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Related Book For
Principles Of Environmental Economics And Sustainability
ISBN: 9780415676915
3rd Edition
Authors: Ahmed Hussen
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