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Measures of GDP May Understate the Economic Well-Being of People

Question 48

Multiple Choice

Measures of GDP may understate the economic well-being of people in developing countries if those countries tend to


A) import much more than they export.
B) have a high degree of foreign direct investment.
C) emphasize agricultural and resource-based production.
D) have very high rates of pollution.
E) have a large share of nonmarket activities.

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