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Economics

Gross domestic product (GDP) is a useful measure for tracking year-to-year changes in the value of a nation's overall economic activity in terms of market prices. It excludes nonmarket transactions that might add to or detract from general welfare and fails to account for factors such as environmental quality and the amount and quantity of leisure time.

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What are some of the top reasons of consumers reporting lower life satisfaction, even though their purchasing power has recently increased?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9449235

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