GDP is the best possible measure of well-being since it measures the value of all goods and services produced in the economy
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GDP is the best possible measure of well-being since it measures the value of all goods and services produced in the economy
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“GDP is the best possible measure of well-being since it measures the value of all goods and services produced in the economy.” View this (youtube) video Joseph Stiglitz: Problems with GDP as an Economic Barometer (https://www.youtube.com/watch?v=QUaJMNtW6GA) and respond whether you agree or disagree with this statement. Why?
