Assignment:
Q1. Do you think that a revised national income measure would be an improvement over current GDP concepts, or would it be better to keep GDP and resource/environmental considerations separate by using natural resource accounts?
Q2. What are some of the policy implications of using a revised measure that takes into account environmental and resource depreciation? How might the use of revised measures affect such policy areas as macroeconomic policy, trade policy, and resource pricing policy?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.