GDP is not a perfect measure of well-being;for example,

Question

Quizplus · Accepted Answer

All of the above options are correct. GDP only takes into account the monetary value of all goods and services produced within a country's borders, but it does not consider other factors that contribute to overall well-being. This includes the value of unpaid work such as volunteer or care work, the distribution of income among the population, and the quality of the environment in terms of pollution and natural resources. Therefore, GDP should be used in conjunction with other measures to provide a more complete picture of a country's well-being.

GDP Is Not a Perfect Measure of Well-Being;for Example