6. The world population grew by over 79 million in 2009. The growth in population and the...
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╇ 6. The world population grew by over 79 million in 2009. The growth in population and the depreciation of physical capital violate the assumptions of which “rule” as described in the chapter?
Draw a modification of the total capital line in Figure 8.1 that would satisfy a desire for constant per-capita welfare, given increasing population growth.
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Environmental Economics And Natural Resource Management
ISBN: 9780415779050
3rd Edition
Authors: David A. Anderson
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