Note 7 Oct 2023

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1 at GDP falls
because
b
GDP
sold
an
d
less
GDP
because
produced
are
apples
because
apples
are
consumed
measures
the
market
value
because
This
year
app
they
both
Household
less
and
apples
are
consumed
stay the
wellbeing
same
but
next year
production
farming
replaces
then
same
Assume
wellbeing
total amount
the
doesnt
change
Wellbeing
f
The
market
Rearrange
equilibrium is
in
doesn't
price
change
i
1 a ya
l
S k
t
it
o
so
n
i
market
apples decreases
11 8 kit i
11 0192
greater
quality of
they get sick
because
ya
for i to be
the
because
change
decreases
price goes down
market
because
decreases
doesnt
GDP
Wellbeing
2 a
because
decreases
than O
Ys
k
Ya has to be bigger than
of
apples
while GDP
goes down
GDP
goods
fall
is the
consumed
e
of
economy
falls
Wellbeing
c
fall
doesn't
in
falls
also
Wellbeing
less
É
b
If
ya isnt
enough
If
high
money
It
isnt
high Then
since
to
purchase
low
enough
the
second
without
even
the
enough
second
generation
from
environment
words
other
in
dont
generation
there
payment
would
first
the
to
be
generation
k
assume
need
have
wouldnt
is
pay for
very
more
environment
environment
enough
left for them
3
at
t
my
My
ki skit
Jett B ki
I
If
p J
skitter
intr 9
y
unit
c
t
B
ki
c
t
kit
1hr7
t
p
C É
C
p
149
increases
then
kg
t
ka will
today
Skit early
decrease
by Itr
citric
t.cl
citri
Hr
plier
increases
I
hes
to
increase
compared
to
so
saving increase
1.014
1.04
IT
hot
p
Nordhaus's
B
It
p
1.06
20.96
value
is
o
o
p K i
JE
if
a
1 more
consume
b take derivative
Hr ly
closer
to
0.96
Stern's
d
planner
É
B
be
I
market
p
has
to
p
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