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Author Question: One of the flaws of GDP is that it (Read 39 times)

Kthamas

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on: Apr 19, 2019

Question 1

Related to the 
Economics in Practice on p. 437: If the effects of pollution on society as a measure of welfare were included in GDP calculations, the measured level of GDP would most likely


◦ increase.
◦ decrease.
◦ not change.
◦ become negative.

Question 2

One of the flaws of GDP is that it


◦ includes only transactions that take place in formal businesses.
◦ ignores transactions that do not take place in organized markets.
◦ includes measures of the underground economy.
◦ includes measures of changes of life associated with producing output.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Kthamas on Apr 19, 2019

momtoalll

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Kthamas

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Reply #2 on: Apr 19, 2019
Thanks


momtoalll

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Reply #3 on: Apr 19, 2019
Welcome :)


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