GDP is the best measurement for standard of living but is not perfect. Can you think of
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Question:
GDP is the best measurement for standard of living but is not perfect. Can you think of things that are not included or taken into account when measuring GDP? Please do not write used goods or imported goods - because GDP counts domestic and current production. The question here is to give at least one example of things that are part of the economy this year and produced locally but is not counted and perhaps should be. Red the notes and the textbook.
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