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GDP that takes into account the costs in terms of environmental pollution and exploitation of natural resources is called
__________.
white GDP
green GDP
brown GDP
blue GDP
- White GDP: This term is not commonly used in economic discussions regarding environmental considerations. It does not refer to a GDP measure that accounts for environmental factors.
- Green GDP: This measure adjusts traditional GDP by considering the environmental costs, such as pollution and resource depletion. It aims to provide a more sustainable economic growth metric.
- Brown GDP: This term is not standard in economic metrics. It might colloquially refer to GDP linked to industries with significant environmental impacts, but it's not widely used for formal GDP exercises.
- Blue GDP: Similarly uncommon in standard economic language. It may refer to economic activities related to ocean and maritime sectors, but not specifically about environmental adjustments.
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