Which of the following does NOT come from the Hartwick Rule
Which of the following does NOT come from the \"Hartwick Rule\"? A specific degree of sharing between generations would be necessary to produce a sustainable outcome. A constant level of consumption could be maintained perpetually from an environmental endowment if all scarcity rent were invested in capital. It is possible to judge the sustainability of an allocation by examining whether or not the value of the total capital stock is declining. A sustainable allocation occurs when the value of the total capital stock is declining.
Solution
Solution-
Which of the following does NOT come from the \"Hartwick Rule\"?
The correct answer is the A sustainable allocation occurs when the value of the total capital stock is declining.
Reason-
Hartwic\'s rules define the amount of investment in the manufactured capital (buildings, roads, knowledge stocks, etc.) so that the stocks falling short of renewable resources must be met.It is necessary and sufficient for constant consumption is derived.
