The annual income that can be consumed without diminishing the total capital assets of a nation is
A)purchasing power parity income.
B)sustainable national income.
C)environmental capital stock.
D)per capita income.

Question

Quizplus · Accepted Answer

Sustainable national income refers to the level of annual income that can be consumed without reducing the total amount of capital assets of a nation. This includes natural resources, physical infrastructure, and human capital. It takes into account the need to preserve these assets for future generations, and is therefore a more comprehensive measure of economic well-being than per capita income or purchasing power parity income. Environmental capital stock refers to the stocks of natural resources, such as forests, that provide ecological services, while per capita income refers to the average income per person in a given population.

The Annual Income That Can Be Consumed Without Diminishing the Total