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Shortcomings of GDP
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Shortcomings of GDP
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11. Gross Domestic Product (GDP) and Consumer Price Index (CPI) / Shortcomings of GDP / Problem 3
Problem 3
Why is GDP distribution equity important for its effectiveness as a measure of well-being?
A
GDP distribution has no impact on well-being
B
Unequal distribution can mask disparities in well-being
C
Unequal distribution increases overall GDP
D
Equal distribution leads to higher GDP growth
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