The following factors tend to make the real GDP growth rate understate the growth of economic well-being, except:

Question

Quizplus · Accepted Answer

Debasement of the environment has a negative impact on economic well-being, so it would not make real GDP growth rate understate the growth of economic well-being. Conversely, improved product quality, added leisure, and a more stress-free lifestyle all contribute to an increase in economic well-being but may not necessarily be reflected in the real GDP growth rate.

The Following Factors Tend to Make the Real GDP Growth