A measure of an economy's net economic welfare:
A) is smaller than its GDP.
B) includes the value of non-market activities and leisure time and deducts the costs of nuisance goods.
C) is an alternative to using GDP as a measure of society's well-being.
D) is more comprehensive than the GDP accounts.

Question

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The Answer of A measure of an economy's net economic welfare:
A) is smaller than its GDP.
B) includes the value of non-market activities and leisure time and deducts the costs of nuisance goods.
C) is an alternative to using GDP as a measure of society's well-being.
D) is more comprehensive than the GDP accounts.

A Measure of an Economy's Net Economic Welfare