Kareemgreen1476 Kareemgreen1476

22-01-2021
Business

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As a measure of economic welfare, gross domestic product underestimates a country's production of goods and services when there is an increase in

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autumnkirkhart autumnkirkhart

26-01-2021

Answer:

is a measure of the overall economic output ... The GDP refers to the value of goods and services that the country produces. ... GDP is not adjusted for crime and other social problems (ex: increases in crime ... real GDP omits household production and it underestimates the value

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