How does the diversity influence consumer welfare, Macroeconomics

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How does the diversity influence consumer welfare

Problem

The diversity of goods available to consumers today is much greater than in the past. How does this influence consumer welfare? Do the GDP growth figures capture the impact of the increased diversity? Why or why not?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: How does the diversity influence consumer welfare

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