Is GDP an accurate measure of a countrys well being-08923
Is GDP an accurate measure of a countrys well being?
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Final Term - Quiz No.17.
Is GDP an accurate measure of a countrys well being?
Yes, it is the best measure of national well being.
Yes, provided we use real GDP and not nominal GDP.
Uncertain, depending on whether GDP is rising or falling.
No, it is not.
