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During lectures, we discussed that GDP per capita sometimes is not a reasonable measure of economic well-being for Canadians. The followingjustications are offered for that
During lectures, we discussed that GDP per capita sometimes is not a reasonable measure of economic well-being for Canadians. The followingjustications are offered for that argument. Which of these justications would make sense to an economist? Argument \\/ [Select] Yes Many valuable outputs are produced within households, and this is not captured by GDP. No ' When production causes pollution or other harm, this should be netted out of GDP. [59'9\"] V The harm caused by unemployment is not captured by measures of GDP
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