2.When does growth of the economy become uneconomic? Use an example to illustrate.3.Consider the natural resource of water. Is water a fund-service or stock-flow resource? In what context? Describe the physical and economic characteristics of water.4.How many separate indicators comprise the Genuine Progress Indicator? Describe three separate indicators of your choice, making clear whether it is a cost or a benefit. Are there indicators that you would either add or remove from the list? Why?5.What does it mean to tax bads rather than goods? Give examples.
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