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GDP Does Not Directly Measure Those Things That Make Life

question 185

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GDP does not directly measure those things that make life worthwhile, but it does measure our ability to obtain many of the inputs into a worthwhile life.


Definitions:

Weighted Average Cost of Capital (WACC)

The average rate of return a company is expected to pay its security holders to finance its assets.

Funding Need

The amount of capital required to start or maintain a project, business operation, or investment.

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