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Sublight2097 Sublight2097
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8 years ago
Drawing conclusions from international comparisons of GDP are difficult to assess because
A) GDP is understated in poorer countries because much of the work that people do is not provided in markets.
B) GDP cannot be adequately evaluated as a measure of people's welfare or well-being.
C) without adjusting for purchasing power parity, GDP comparisons might very well be meaningless.
D) all the above reasons hold true.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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VincenzoDVincenzoD
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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