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Can I have some information about the following? Gross Domestic Product was designed as a measure of economic activity, specifically a measure of national production.

Can I have some information about the following?

Gross Domestic Product was designed as a measure of economic activity, specifically a measure of national production. Despite this intent, GDP is widely interpreted as a measure of economic welfare or standard of living when measured in per capita terms. What are the shortcomings of using GDP as a measure of economic welfare? What would you like to add to or subtract from GDP to make it a better reflection of how well people are doing in a nation?

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