Question
LIMITATION OF GDP What is the MEW (measure of economic welfare) and why was it established? What are some bads associated with GDP? What is
LIMITATION OF GDP
What is the MEW (measure of economic welfare) and why was it established?
What are some "bads" associated with GDP?
What is not assumed in the GDP?
What is a problem associated with MEW?
Give some examples, other than those in the article of the underground economy?
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
