
Economics 12th Edition by William Baumol, Alan S Blinder
Edition 12ISBN: 978-0538453691
Economics 12th Edition by William Baumol, Alan S Blinder
Edition 12ISBN: 978-0538453691 Exercise 5
Give some reasons why gross domestic product is not a suitable measure of the well-being of the nation. (Have you noticed newspaper accounts in which journalists seem to use GDP for this purpose )
Explanation
GDP (Gross Domestic Product)
GDP is the...
Economics 12th Edition by William Baumol, Alan S Blinder
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