Question

Using economic tools to promote sustainability A country's gross domestic product (GDP) is the total market value of all goods and services produced within that country in a year. An environmental indicator, known as the genuine progress indicator (GPI), is the country's GDP plus the value of beneficial services that occur outside of the formal marketplace minus the external costs of environmental and social harm caused within the country. Which of these factors might be included in a country's GPI but not in its GDP? Check all that apply. A volunteer collects donations for a food bank. A factory owner pays for the installation of equipment to reduce carbon dioxide emissions. A power plant releases soot into the wind. A nurse pays to ride a bus to the hospital for her shift. A man drives his elderly mother to the airport.

Answer 1

Factors that might be included in a country's GPI but not in its GDP include volunteer work, environmental efforts, and transportation costs for essential services.

Step-by-step explanation:

The factors that might be included in a country's GPI but not in its GDP are:

• A volunteer collects donations for a food bank. This reflects the value of the volunteer's time and contribution to the community, which is not captured in GDP.
• A factory owner pays for the installation of equipment to reduce carbon dioxide emissions. This reflects the positive impact on the environment, which is not accounted for in GDP.
• A nurse pays to ride a bus to the hospital for her shift. This reflects the nurse's transportation cost, which is an expense incurred in order to provide healthcare services and is not considered in GDP.