Explain why GDP is not a good measure of social welfare.
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Explain why GDP is not a good measure of social welfare.
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Gross Domestic Product GDP is widely used as a measure of economic activity and the overall health of an economy However it is not a comprehensive ind...View the full answer
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Related Book For 
Environmental Economics And Natural Resource Management
ISBN: 9780415640954
4th Edition
Authors: David A. Anderson
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