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Author Question: Legalizing all forms of illegal activities would (Read 56 times)

silviawilliams41

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on: Apr 19, 2019

Question 1

GDP is 
not a perfect measure of social welfare and the society's economic well-being because


◦ it does not say anything about the distribution of income.
◦ GDP accounting rules do not adjust for production that causes negative externalities.
◦ it does not include all economic activities in the economy.
◦ All of these.

Question 2

Legalizing all forms of illegal activities would


◦ reduce measured GDP.
◦ reduce the size of the underground economy and increase measured GDP.
◦ reduce both the underground economy and measured GDP.
◦ increase the size of the underground economy and reduce measured GDP.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by silviawilliams41 on Apr 19, 2019

Koolkid240

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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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silviawilliams41

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

Animal_Goddess

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Reply 3 on: Yesterday
Excellent

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