Question
1)Summarise the shortcomings of GDP as a measure of national well-being? (5 Marks) 2) What alternative measures are available? (5 Marks) 3) Is a green
1)Summarise the shortcomings of GDP as a measure of national well-being? (5 Marks)
2) What alternative measures are available? (5 Marks)
3) Is a green economy possible? (5 Marks)
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1 Shortcomings of GDP as a measure of national wellbeing a Excludes NonMarket Activities GDP primarily focuses on market transactions excluding nonmarket activities such as household work volunteerism ...Get Instant Access to Expert-Tailored Solutions
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Macroeconomics Canada in the Global Environment
Authors: Michael Parkin, Robin Bade
8th edition
321778103, 978-0321808370, 321808371, 978-0321778109
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