GDP is the total market value of all final goods and services produced annually within a countrys

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GDP is the total market value of all final goods and services produced annually within a country’s borders.
1. List the types of exchanges that GDP omit.
2. Explain why some economists argue that GDP overstates economic welfare.
3. Explain how to find per-capita GDP..
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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