Question
The headline of a recently published article was: Don't be fooled by Australia's GDP growth - buying more things is not a good measure of
The headline of a recently published article was: "Don't be fooled by Australia's GDP growth - buying more things is not a good measure of our welfare". Taking the above statement into consideration, critically evaluate the role of GDP as a measure of economic welfare.
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald Hilton, David Platt
10th edition
78025664, 978-0078025662
