Vikas

Limitations of GDP 

GDP does not capture changes in the availability of leisure time and often fails to reflect changes in the quality of products and the availability of new products. (such as improvements in technology)  

Why are these items not factored into the GDP?

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17 Dec 2015

Answers (1)

  1. Vikas
    Vikas
    17 Dec 2015
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    Limitations of GDP

    The quality of the work and spending time on leisure activity is not core point of discussion. Apart ****** ******
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