GDP does not directly measure those things that make life worthwhile, but it does measure our ability to obtain many of the inputs into a worthwhile life.

Question

Quizplus · Accepted Answer

GDP measures the economic output of a country, including the total value of all goods and services produced over a specific time period. While it does not directly measure well-being or quality of life factors such as happiness, health, or education, it does reflect the country's economic capacity to provide resources that can contribute to a worthwhile life.

GDP Does Not Directly Measure Those Things That Make Life