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The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695 Exercise 6
List some ways in which increased inefficiency could cause GDP to rise. How many goods contributing to the total GDP can you list whose rising output clearly reflects reduced welfare?
Explanation
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Gross domestic product is the worth of a...
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
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