Per capita real GDP is of limited use as a measure of economic well being for all the following reasons, except:
A) it says nothing about the quality of the environment.
B) it does not reflect the degree of personal freedom in a society.
C) it is not adjusted for changes in leisure time.
D) it is not adjusted for changes in the rate of inflation.
E) it says nothing about the distribution of income.
Correct Answer:
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