A shortcoming of using real GDP as a measure of economic well-being is that it does not measure changes in:
A) production.
B) environmental quality.
C) prices.
D) unemployment.
E) interest rates.

Name: A shortcoming of using real GDP as a measure of economic well-being is that it does not measure changes in: A) production. B) environmental quality. C) prices. D) unemployment. E) interest rates.
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Question

Quizplus · Accepted Answer

Real GDP does not account for environmental quality, which can affect economic well-being.

A Shortcoming of Using Real GDP as a Measure of Economic