Is gdp a good measure of economic well-being if gdp is a, Business Economics

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Is gdp a good measure of economic well-being if gdp is a

Is GDP a Good Measure of Economic Well-Being? If GDP is a good measure of well-being, why is Switzerland’s GDP so much lower than India’s GDP or China’s GDP? What measures would be better to compare the well-being of different countries? How do you expect these direct measures to correlate with per capita GDP?

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