GDP is not a perfect measure of well-being; for example,
a. GDP excludes the value of volunteer work.
b. GDP does not address the distribution of income.
c. GDP does not address environmental quality.
d. All of the above are correct.
d
Economics
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The revenue that a government raises by printing money is called
A) seignorage. B) monetary revenue. C) currency credit. D) currency inflation.
Economics
Falling energy prices could explain rising labor productivity in the 1990s
A. and the 1980s. B. and the 1970s. C. but not the 1980s. D. but not the 1970s.
Economics