GDP Is Not a Perfect Measure of Well-Being;for Example

question 3

Multiple Choice

GDP is not a perfect measure of well-being;for example,

• A)GDP incorporates a large number of non-market goods and services that are of little value to society.
• B)GDP places too much emphasis on the value of leisure.
• C)GDP fails to account for the quality of the environment.
• D)All of the above are correct.

---

Definitions:

Molecular Compounds

Chemical compounds made up of molecules, which are groups of atoms joined together by covalent bonds.

Ions

Charged particles that result when an atom or molecule gains or loses electrons, featuring positive or negative electrical charges.

Polar Solvent

A solvent with a dielectric constant greater than 15, which can dissolve ionic or polar solutes due to its polarity.