5. Consider a new environmental economic indicator that's being promoted by an NGO looking to earn some publicity. They propose a new 'economic sustainable development indicator', ESDI, defined as follows: ESDI = [GDP - GDP from nonrenewables] * clean air index citizens Do you think this measurement would tell you anything interesting?

Brief Principles of Macroeconomics (MindTap Course List)
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Chapter7: Production And Growth
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5. Consider a new environmental economic indicator that's being promoted by an NGO looking to earn some publicity. They propose a new 'economic sustainable development
indicator', ESDI, defined as follows:
ESDI =
[GDP GDP from nonrenewables] * clean air index
citizens
Do you think this measurement would tell you anything interesting?
Transcribed Image Text:5. Consider a new environmental economic indicator that's being promoted by an NGO looking to earn some publicity. They propose a new 'economic sustainable development indicator', ESDI, defined as follows: ESDI = [GDP GDP from nonrenewables] * clean air index citizens Do you think this measurement would tell you anything interesting?
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