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Loraine Loraine
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9 years ago
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.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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9 years ago
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8 years ago
It was nothing, thanks for updating us.
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