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Category > Economics Posted 17 Sep 2019 My Price 5.00

ECO 100 Week 6 Discussion Is GDP an accurate measure of people’s happiness and well-being

“Is GDP an accurate measure of people’s happiness and well-being?”

GDP is the sum of all income earned in a country during a year. Alternatively, it can be thought of as the value of all products produced in an economy during a year. But does income measure happiness? 

Reply to these questions to begin your discussion:

·         Should GDP be adjusted or supplemented to consider measures for other things, such as products that are not exchanged in a market, pollution, leisure time, or health? If so, how would we adjust or supplement GDP to do this?  

Discuss with your classmates:

·         Reply to a classmate’s post and explain whether you agree or disagree with that classmate’s position.

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SmartExpert
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Status NEW Posted 17 Sep 2019 04:09 AM My Price 5.00

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file 1568692961-ECO 100 Week 6 Discussion Is GDP an accurate measure of peoples happiness and well-being.docx preview (422 words )
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