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book Macroeconomics 9th Edition by David Colander cover

Macroeconomics 9th Edition by David Colander

Edition 9ISBN: 978-0077501860
book Macroeconomics 9th Edition by David Colander cover

Macroeconomics 9th Edition by David Colander

Edition 9ISBN: 978-0077501860
Exercise 25
In "Christianity and Economics: A Review of the Recent Literature," economist John Tiemstra states, "taking good to mean self-perceived happiness derived from economic consumption adopts an ethic that is foreign to biblical Christianity." Your textbook cautions that GDP is not the same as welfare.
a.hat would you include in an index to measure the welfare of a society that takes into account Christian ethics
b.hat would you purposefully not include in that index (Religious)
Explanation
Verified
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a. Society as an institution includes al...

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Macroeconomics 9th Edition by David Colander
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