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As a measure of well - being, GDP tends to: c . Understate economic well - being because it does not take into account improvement
As a measure of wellbeing, GDP tends to:
c Understate economic wellbeing because it does not take into account improvement in product quality and leisure
a Overstate economic wellbeing because it does not include certain nonmarket activities such as the productive work of volunteers
d Overstate economic wellbeing because it includes the underground economy
b Understate economic wellbeing because it includes expenditures undertaken to offset or correct pollution
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