Multiple Choice
Why are GDP data criticized as being inaccurate measures of economic welfare?
A) They do not measure changes in the distribution of income.
B) They do not measure changes in the amount of leisure.
C) They do not measure changes in product quality.
D) They do not measure the adverse effects of economic activity upon the environment.
E) They do not measure changes in the distribution of income,the amount of leisure,product quality,and the adverse effects of economic activity upon the environment.
Correct Answer:
Verified
Correct Answer:
Verified
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