Many economists argue that real GDP is
A) not a good measure of economic well-being because it excludes increases in leisure time.
B) a good measure of economic well-being because it includes changes in personal safety.
C) a good measure of economic well-being because it includes increases in leisure time.
D) not a good measure of economic well-being because it overvalues increases in leisure time.
A
You might also like to view...
The 9/11 commission was created to:
a. examine causes of terrorism. b. examine past policies, make recommendations. c. examine intelligence leads. d. review U.S. security policy.
_____ immunity protects government officials from any legal action unless they engage in actions that are intentionally and maliciously wrong.
A. Applied B. Absolute C. Vicarious D. Good-faith
Culture conflict theory was developed primarily by:
a. Martin Bulmer. b. Albert Reiss Jr. c. Thorsten Sellin. d. Monroe Work.
In United States v. Billie, the defendant was charged with killing a Florida panther, an endangered species. He argued that the prosecution had to prove his specific intent; that is, that he knew the animal he shot was a Florida panther, as opposed to a species of panther not on the list of endangered species. The U.S. District Court rejected his argument and held that the government "need prove
only that the defendant acted with _______________ when he shot the animal in question.". a. scienter b. recklessness c. criminal negligence d. general intent