Despite some problems with equating GDP with economic well-being, higher real GDP per person does imply greater economic well-being because it tends to be positively associated with:
A)crime, pollution, and economic inequality.
B)better education, health and life expectancy.
C)poverty, depletion of nonrenewable resources, and congestion.
D)unemployment, availability of goods and services, and better education.

Question

Quizplus · Accepted Answer

High GDP correlates with many favorable non-economic conditions. Conversely, low GDP correlates with many unfavorable non-economic conditions.

Despite Some Problems with Equating GDP with Economic Well-Being, Higher