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In: Economics

Read Jon Gartner - Rise and fall of GDP (2010). There are free pdf online and...

Read Jon Gartner - Rise and fall of GDP (2010). There are free pdf online

and answer the questions

Gertner (2010) discussion questions

1. Why was the GDP concept invented?

2. What does it measure? What does it not measure? What would you like it to measure?

3. Is economic growth a necessary condition for economic development? Is it possible to

improve a nation’s well-being/living standards without economic growth? Explain.

4. Is HDI a good measure of national well-being? Explain why yes/no.

5.If you were to improve GDP and HDI as concepts/measures, how would you

modify/revise these indicators?

Solutions

Expert Solution

Rahul Sunny answered 6 months ago
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