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Business, 15.04.2020 04:02 kaitlynpaigge

Many things that society values, such as good health, high-quality education, enjoyable recreation opportunities, and desirable moral attributes of the population, are not measured as part of GDP. It follows that

GDP is still a measure of society's welfare because it a nation's ability to purchase the inputs that can be used to help produce the things that contribute to welfare.

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