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Essay

Gdp As A Measure Of The Economy

Essay specific features

 

Issue:

Business

 

Written by:

Melissa M

 

Date added:

January 22, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 330

 

Was viewed:

5371 times

 

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Essay content:

In general, the GDP includes several items that in reality do not indicate the nation's economic level while excluding a large proportion of the activities of the nation. The GDP does not include several things that greatly affect the nation's economic standings. The formula does not consider these things simply because they cannot be measured with any accuracy...
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The formula does not consider these things simply because they cannot be measured with any accuracy. The work done in the home affects the welfare of the economy because it takes time to care for a house, time that an individual could be working. So in essence, an individual pays themselves to for housework...
displayed 300 characters

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