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Business, 31.10.2019 07:31 KendallTishie724

Why gdp fails as a measure of well-being there is a new reason why gdp is a poor measure of economic well-being: it doesn't measure the benefits we gain from free apps and lots of other free stuff on the internet. and none of the other indexes deal with this problem. source: cbs news, january 27, 2016 what are the other reasons why gdp is a poor measure of economic well-being? gdp is a poor measure of economic well-being because it a. includes only production that is traded in markets b. fluctuates more than potential gdp c. exaggerates the depth of recessions and the height of expansions d. includes items such as political freedom which cannot be accurately measured

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