Which of the following statements about Natural Resource Accounting (NRA) are APPROPRIATE? 1. NRA integrates environmental factors into national economic accounts. 2. NRA primarily focuses on the financial value of natural resources, ignoring their ecological value. 3. NRA helps in assessing the depletion and degradation of natural resources over time. 4. NRA is a tool used to measure the sustainability of a nation’s economic growth.

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1, 3 and 4 Explanation: Natural Resource Accounting (NRA) integrates environmental factors into national economic accounts, quantifies depletion and degradation of resources over time, and is used to assess the sustainability of a nation’s economic growth; it does not simply ignore ecological/restoration costs.

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