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    Essentials of Economics Study Set 2
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    Exam 11: Measuring the Macroeconomy, Inflation, and Unemployment
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    A Shortcoming of Using Real GDP as a Measure of Economic
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A Shortcoming of Using Real GDP as a Measure of Economic

Question 53

Question 53

Multiple Choice

A shortcoming of using real GDP as a measure of economic well-being is that it does NOT measure changes in:


A) production.
B) environmental quality.
C) prices.
D) unemployment.
E) interest rates.

Correct Answer:

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