Discuss the use of such national income accounting metrics

Reference no: EM13753651

A) Discuss the use of such national income accounting metrics as GDP as measures of social well-being.

B) Is GDP a useful and accurate guide to the attempt to quantify the welfare of society in the aggregate? Explain.

C) Is the question, "Would you rather live in a country with a high GDP growth rate or a low GDP growth rate?" merely rhetorical?

Reference no: EM13753651

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