Explain why real GDP might be an unreliable indicator of the standard of living.

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Macroeconomics Canada in the Global Environment

ISBN: 978-0321778109

8th edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Dec 19, 2015 04:46 AM

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Explain why real GDP might be an unreliable indicator of the standard of living.

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Real GDP is sometimes used to measure the standard of living but real GDP can be misleading for seve...View the full answer

Macroeconomics Canada in the Global Environment

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