Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question

Transcribed Image Text:11. Match each concept in Column A with a definition
or example in Column B.
Column A
Column B
1. Valuing time at the
a. Depreciation of
natural capital
wage that someone gives
up
2. Comparison with GDP
supports the diminishing
marginal utility of
b. Satellite accounts
income
c. An indicator of well-
3. Costs of cleaning up a
being including 11
toxic waste site
dimensions
d. An example of non
market production
4. The value of fish killed
by toxic waste
e. Opportunity-cost
method
5. Government
production
6. The effect on copper
f. Subjective well-being
reserves of copper mining
g. Maintenance costs
7. Better Life Index
8. The service performed
by a garbage dump
h. Defensive
expenditures
i. A way of measuring
well-being (not
production) using dollar
9. Cleanup costs
following an oil spill
amounts
10. Monetary or physical
j. Damage costs
measures that can be
related to GDP
11. Genuine Progress
k. Sink function
Indicator
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