CBSE BOARD XII, asked by debbarmaveni20, 10 months ago

distinguish between the concept of hicksian sustainability and Hardwick solow sustainability​

Answers

Answered by pokuruvam147
0

Answer:

Note that “Hicksian sustainability”, which requires non-decreasing consumption — including consumption of environmental goods and services — is virtually equivalent to "Hartwick-Solow sustainability” defined in terms of maintaining the total capital stock of society. ... An economy is weakly sustainable if Z > 0.

HOPE IT HELPS

Similar questions