Increases in real GDP would overstate the increase in the well-being of a country over time if, over that time period, the

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E  If average hours worked per week increased, it might indicate that people are working more to achieve the same level of income, which doesn't necessarily improve well-being. An increase in the size of the underground economy means more economic activity is not captured in GDP, potentially overstating well-being.

Increases in Real GDP Would Overstate the Increase in the Well-Being