A criticism of using GDP to measure growth is that it does not include "social bads"; these include all of the following EXCEPT:
A) crime.
B) pollution.
C) inflation.
D) congestion.

Question

Quizplus · Accepted Answer

Inflation is not considered a social bad because it is a natural occurrence in any economy experiencing growth. GDP already takes inflation into account through the use of real GDP, which adjusts for inflation. Crime, pollution, and congestion are all social bads that can have negative impacts on a society's well-being, but are not directly included in GDP.

A Criticism of Using GDP to Measure Growth Is That