Which factor, if included in the measurement of a country's GDP, would have an unclear effect (up or down) on well-being, or quality of life?
A) unreported legal productive activities
B) unreported tips for restaurant servers
C) non-market production
D) social justice
E) environmental damage
Correct Answer:
Verified
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Q253: The normal measurement of GDP underestimates the
Q254: Real GDP overestimates well-being because it does
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