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Which of the following statements is true? Select one: a. Nominal-(Answered)

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Question

Which of the following statements is true?


Select one:

a. Nominal GDP is a good measure of social welfareb. GDP per capita is a complete measure of social welfarec. Crime and pollution reduce social welfare which reduces GDPd. GDP is not necessarily the best measure of social welfare


 

Paper#9255737 | Written in 27-Jul-2016

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