Researchers Have Been Developing Broad Indexes of "Social Well-Being" as an Alternative

Multiple Choice

Researchers have been developing broad indexes of "social well-being" as an alternative to measures of per capita GDP.What are they trying to capture with such a measure?

A) The variation in aggregate consumption because consumption is a better measure of individual well-being than income.
B) Variation in aggregate income adjusted for variations in the country's net foreign asset position.
C) Detailed measures of the various components of GDP that have meaningful impact on the social well-being of individuals and households.
D) Variations in the true purchasing power of income,especially as influenced by changes in interaction between prices and the exchange rate.
E) Movement in variables that are important to people's well-being,such as environment,education,and leisure,that are not captured in current measures of per capita income.