Problem
1. Explain why GDP is not a good measure of social welfare.
2. What is the difference between GDP and NNW?
3. Explain two reasons why environmental degradation need not accompany growth.
4. In the opinion of the Fifth Circuit Court, what was one thing the EPA did right and one thing the EPA did wrong in their analysis of asbestos policies.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.