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Explain crime rate declines would cause gdp to overstate

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Reference no: EM13868227

Explain briefly whether each of the following would cause GDP to overstate or understate the degree of change in the broad standard of living.

a. The environment becomes dirtier

b. The crime rate declines

c. A greater variety of goods become available to consumers

d. Infant mortality declines.

Reference no: EM13868227

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