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GDP DISCUSSION What are the flaws of using GDP? What are the benefits of using GDP? Should we continue to use GDP to gauge economic

GDP DISCUSSION

  1. What are the flaws of using GDP?
  2. What are the benefits of using GDP?
  3. Should we continue to use GDP to gauge economic health? Explain.
  4. Which alternative measurement should we use?
  5. (refer back to your Lecture 18 notes for alternatives)

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