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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: If we use GDP to measure our standard of living, then our procedure is
Post by: Loraine on Jun 21, 2015
If we use GDP to measure our standard of living, then our procedure is
A) inaccurate because our standard of living does not depend only on goods and services.
B) accurate because our standard of living depends solely on goods and services.
C) inaccurate because our standard of living has nothing to do with goods and services.
D) inaccurate because our standard of living only depends on used goods and services.
E) accurate only if we use nominal GDP rather than real GDP.


Title: Re: If we use GDP to measure our standard of living, then our procedure is
Post by: Chimelo46 on Jul 20, 2015
Content hidden


Title: Re: If we use GDP to measure our standard of living, then our procedure is
Post by: Chimelo46 on Aug 31, 2015
It was nothing, thanks for updating us.