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    Macroeconomics Study Set 38
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    Exam 2: Measuring the Macroeconomy
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    GDP Often Is Used as a "Measure" of Economic Welfare;
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GDP Often Is Used as a "Measure" of Economic Welfare;

Question 11

Question 11

True/False

GDP often is used as a "measure" of economic welfare; it includes all factors that contribute to economic well-being.

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