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    Principles of Macroeconomics Study Set 11
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    Exam 6: Measuring National Output and National Income
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    Explain How Using GDP May Not Be a Very Good
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Explain How Using GDP May Not Be a Very Good

Question 16

Question 16

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Explain how using GDP may not be a very good measure of overall social welfare.

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The reason that GDP is an imperfect meas...

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