What are the problems with GNP and GDP as measures of economic health?

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Managing in a Global Economy Demystifying International Macroeconomics

ISBN: 978-1285055428

2nd edition

Authors: John E. Marthinsen

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Question Posted: Mar 09, 2016 06:43 AM

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What are the problems with GNP and GDP as measures of economic health?

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They Exclude nonmarket transactions Exclude black market a...View the full answer

Managing in a Global Economy Demystifying International Macroeconomics

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