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Natural Resources and Economic Growth Can anyone explain - the fundamental tradeoff of increasing intensity of...

Natural Resources and Economic Growth

Can anyone explain

- the fundamental tradeoff of increasing intensity of nonrenewable natural resource usage in production; the "'growth drag" effect of natural resource depletion and population growth.

- the decline in the factor share of natural resources in production

- the relationship between environmental quality (or, pollution level, energy usage, and economic growth/income.

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Expert Solution

Rahul Sunny answered 2 years ago
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