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How does this document help answer the question, "Does GDP tell the right story?"

a) Provides historical GDP trends
b) Offers alternative economic indicators
c) Focuses on global GDP statistics
d) Discusses GDP measurement methods

1 Answer

2 votes

Final answer:

A document offering alternative economic indicators would help determine if GDP tells the right story about society's well-being, since GDP omits aspects like leisure time and environmental quality.

Step-by-step explanation:

The document in question seems to be discussing various aspects of Gross Domestic Product (GDP) and its capabilities in reflecting the well-being of society. When asking if GDP tells the right story, a document that discusses alternative economic indicators (option b) would be particularly helpful as it would offer ways to assess the economy beyond what GDP can indicate. GDP does provide valuable insights into the size and growth of an economy, but it does not account for several factors such as leisure time, environmental quality, and income inequality. Therefore, a document that offers alternative economic indicators would most directly help answer the question about GDP's effectiveness in telling the right story about the well-being of a society.

User Rob Crowell
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