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Answer to Question #257264 in Macroeconomics for PEACHES

Question #257264

GDP data are criticized as being inaccurate measures of economic welfare because:


1
Expert's answer
2021-10-27T18:52:49-0400

They do not take into account changes in the amount of leisure. They do not take into account all changes in product quality. They do not take into account the adverse effects of economic activity on the environment.


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