The growth of GDP may understate economic well-being if the:
A) distribution of income becomes increasingly unequal
B) quality of products and services improves
C) environment deteriorates because of air pollution
D) population increases
E) amount of leisure decreases
Correct Answer:
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A)overstate economic well-being, because it
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A)depreciation minus net investment
B)net
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A)added to
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A)treat inventory changes
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