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Business, 28.01.2020 22:45 laylay120

The genuine progress indicator is an alternative measure to economic activity. a. is the genuine progress indicator a subjective measure of the economy? yes, because it uses ndp rather than gdp. no, because it is calculated from adjustments to gdp. yes, because it requires a valuation of social goals. no, because it does not require a valuation of social goals. b. is gdp a subjective measure? yes, because gdp measures economic welfare. yes, because what is being measured is a matter of judgment. no, because gdp is a measure of pure economic activity. no, because gdp is the single most-used economic measure.

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