What economic factors are taken into account when measuring


Responses should be approximately 50-100 words each:

  • What economic factors are taken into account when measuring GDP?
  • What makes GDP an effective measure of living standards?
  • How might quality-of-life measures be determined and measured?
  • What aspects of our quality of life in the United States may be difficult to compare with other countries around the world, such as Japan, Turkey, or Iceland?

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Business Management: What economic factors are taken into account when measuring
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