Why has the traditional model of income measurement failed to account for the impact of business activities

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Why has the traditional model of income measurement failed to account for the impact of business activities on the environment?

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Frank Woods Business Accounting Volume 2

ISBN: 9780273693109

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Sep 10, 2023 06:05 AM

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Why has the traditional model of income measurement failed to account for the impact of business activities

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The traditional model of income measurement which primarily focuses on Gross Domestic Product GDP and related indicators has been criticized for its failure to adequately account for the impact of bus...View the full answer

Frank Woods Business Accounting Volume 2

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