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In 2011, the Deepwater Horizon oil spill in the Gulf of Mexico causd heavy damage to the fishing and tourism industries of Louisiana and other coastal states. In addition, there were long-term ecological impacts on fish and wildlife. Describe how this might be accounted for in the 2011 national accounts of the United States, if they were environmentally adjusted: A: In terms of depreciation assets B. In terms of flows of produced goods and services (Describe in detail how two approaches to assigning dollar values might be applied)

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91709700

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