Alternatives to the GDP as the Measurement of Development

Abstract: This 5 page report discusses the fact that the gross domestic product (GDP) is not one of the more complicated of the many contemporary economic indicators. It is simply a measure of the total production and consumption of goods and services in any economy. Such simplicity is both its strength and its weakness in measuring development in an economy. Because of its straight-forward nature, it is generally used as one of the most accurate descriptors of a nation

Filename: BWgdpcap.wps

Pages: 5

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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