Assignment:
Q1. What kinds of problems arise from the focus on standard GDP measures in discussing economic policy? How do these problems differ for highly industrialized countries like the United States and developing countries like Indonesia?
Q2. What are the main approaches that can be used to correct GDP for natural resource depletion and environmental damage? What difficulties and controversies arise in calculating these adjustments to GDP?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.