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Measuring Economic Sustainability: Indicators and Metrics

Description: This quiz evaluates your understanding of the indicators and metrics used to measure economic sustainability.
Number of Questions: 15
Created by:
Tags: economic sustainability indicators metrics
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Which of the following is not a commonly used indicator of economic sustainability?

  1. Genuine Progress Indicator (GPI)

  2. Gross Domestic Product (GDP)

  3. Ecological Footprint

  4. Human Development Index (HDI)

Show answer
Correct Option: B
Explanation:

GDP is a measure of economic growth, not sustainability.

The Genuine Progress Indicator (GPI) takes into account which of the following factors?

  1. Environmental degradation

  2. Social inequality

  3. Natural resource depletion

  4. All of the above

Show answer
Correct Option: D
Explanation:

GPI considers a wide range of factors to measure economic sustainability.

The Ecological Footprint measures the:

  1. Amount of land and water required to sustain a population

  2. Amount of pollution generated by a population

  3. Amount of energy consumed by a population

  4. All of the above

Show answer
Correct Option: A
Explanation:

Ecological Footprint measures the land and water needed to produce the resources consumed by a population.

The Human Development Index (HDI) measures:

  1. Life expectancy

  2. Education

  3. Income

  4. All of the above

Show answer
Correct Option: D
Explanation:

HDI is a composite index that measures a country's overall development.

Which of the following is not a component of the Index of Sustainable Economic Welfare (ISEW)?

  1. Personal consumption

  2. Government consumption

  3. Investment

  4. Natural resource depletion

Show answer
Correct Option: B
Explanation:

ISEW does not include government consumption in its calculation.

The Genuine Savings Indicator (GSI) measures:

  1. The net savings of a country after accounting for environmental degradation

  2. The net savings of a country after accounting for natural resource depletion

  3. The net savings of a country after accounting for both environmental degradation and natural resource depletion

  4. None of the above

Show answer
Correct Option: C
Explanation:

GSI is a measure of a country's true savings, taking into account the depletion of natural resources and environmental degradation.

The Weak Sustainability Condition states that:

  1. The stock of natural capital should not decline over time

  2. The stock of manufactured capital should not decline over time

  3. The stock of human capital should not decline over time

  4. None of the above

Show answer
Correct Option: A
Explanation:

The Weak Sustainability Condition is a principle that states that the stock of natural capital should not decline over time.

The Strong Sustainability Condition states that:

  1. The stock of natural capital should not decline over time

  2. The stock of manufactured capital should not decline over time

  3. The stock of human capital should not decline over time

  4. All of the above

Show answer
Correct Option: D
Explanation:

The Strong Sustainability Condition is a principle that states that the stocks of natural, manufactured, and human capital should not decline over time.

Which of the following is not a type of sustainability indicator?

  1. Environmental indicators

  2. Economic indicators

  3. Social indicators

  4. Political indicators

Show answer
Correct Option: D
Explanation:

Political indicators are not typically used to measure economic sustainability.

Which of the following is not a type of economic sustainability metric?

  1. Genuine Progress Indicator (GPI)

  2. Gross Domestic Product (GDP)

  3. Ecological Footprint

  4. Human Development Index (HDI)

Show answer
Correct Option: B
Explanation:

GDP is a measure of economic growth, not sustainability.

Which of the following is not a type of environmental sustainability indicator?

  1. Air quality

  2. Water quality

  3. Biodiversity

  4. Economic growth

Show answer
Correct Option: D
Explanation:

Economic growth is not an environmental sustainability indicator.

Which of the following is not a type of social sustainability indicator?

  1. Life expectancy

  2. Education

  3. Income inequality

  4. Natural resource depletion

Show answer
Correct Option: D
Explanation:

Natural resource depletion is not a social sustainability indicator.

Which of the following is not a type of economic sustainability metric?

  1. Genuine Progress Indicator (GPI)

  2. Gross Domestic Product (GDP)

  3. Ecological Footprint

  4. Human Development Index (HDI)

Show answer
Correct Option: B
Explanation:

GDP is a measure of economic growth, not sustainability.

Which of the following is not a type of environmental sustainability indicator?

  1. Air quality

  2. Water quality

  3. Biodiversity

  4. Economic growth

Show answer
Correct Option: D
Explanation:

Economic growth is not an environmental sustainability indicator.

Which of the following is not a type of social sustainability indicator?

  1. Life expectancy

  2. Education

  3. Income inequality

  4. Natural resource depletion

Show answer
Correct Option: D
Explanation:

Natural resource depletion is not a social sustainability indicator.

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