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ECONOMICS-2015: Daily Answer Writing Challenge -33

ECONOMICS-2015: Daily Answer Writing Challenge – 33

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  1. Compare Human Development Index (HDI) with Human Poverty Index (HPI) as a measure of development. How is the Human Poverty Index different from the Happy Planet Index ?
  2. Why do energy elasticities tend to unity in industrially advanced countries?
  3. What are the negative externalities of high energy coefficients?