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Why does real GDP have limitations in determining economic welfare

Why does real GDP have limitations in determining economic welfare



1) Why does real GDP have limitations in determining economic welfare?
2) Explain how our economic welfare depends upon our level of real GDP per person but there
might not be a one-to-one relationship between economic welfare and real GDP per person.
Give examples of things that can effect one but not the other.



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26 May 2016

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  1. Genius

    Why does real GDP have limitations in determining economic welfare

    Why does real GDP have limitations in determining economic welfare Why does real ****** ******
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