If the Objective Were to Measure Economic Welfare, Then What

question 239

Multiple Choice

If the objective were to measure economic welfare, then what adjustments would have to made to GDP to make it a better measure of economic welfare?

• A) The effect of pollution on the environment would need to be included.
• B) The amount of leisure time that households have would need to be included.
• C) Household production would need to be included.
• D) All of the above adjustments would need to be made.

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The Equal Employment Opportunity Commission, a federal agency responsible for enforcing laws against job discrimination.

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