Statement 1: Environmental pollution caused by industrial plants is an example of negative externality.

Statement 2: GDP does not consider negative externality but takes into account positive externality.


(a) Both the Statements are true

(b) Both the Statements are false

(c) Statement 1 is true and Statement 2 is false

(d) Statement 2 is true and Statement 1 is false

Anurag Pathak Changed status to publish December 10, 2023
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