Which of these is a reason why Real GDP per Capita is NOT a good measure of social welfare? Check all that apply. Select one or more: a. Real GDP per capita counts intangible services in the same way that it counts tangible goods b. Real GDP per capita does not account for pollution c. Real GDP per capita does not account for income inequality d. Real GDP per capita does not account for the quality

Which of these is a reason why Real GDP per Capita is NOT a good measure of social welfare? Check all that apply. Select one or more: a. Real GDP per capita counts intangible services in the same way that it counts tangible goods b. Real GDP per capita does not account for pollution c. Real GDP per capita does not account for income inequality d. Real GDP per capita does not account for the quality

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter33: Income, Income Distribution, And Poverty

Section: Chapter Questions

Problem 9E

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