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In: Economics

Many economost claim that the United States current measure of GDP is inadequate meaning there are...

Many economost claim that the United States current measure of GDP is inadequate meaning there are better alternatives.

The question is this: What are some reasons for why the current measure of GDP has NOT changed? Meaning what are all of the reasons to keep the current measure of GDP the way it is. What are the pros of the current measure of GDP?

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Expert Solution

Rahul Sunny answered 2 years ago
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