Question
Why should India be cautious about using Gross Domestic Product (GDP) as the primary measure of economic growth? A. GDP does not account for the
Why should India be cautious about using Gross Domestic Product (GDP) as the primary measure of economic growth?
A. GDP does not account for the value of services, only goods.
B. GDP provides an accurate reflection of income inequality.
C. GDP does not consider changes in a country's population.
D. GDP is unaffected by changes in government policies
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
