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Consider the following list: A. Leisure and psychic income (Thevalue of leisure time, weekends, holidays)...

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Economics

Consider the following list: A. Leisure and psychic income (Thevalue of leisure time, weekends, holidays) B. Nonmarket activities(Stay-at-home parents or carpenters who work in their own homes) C.Noneconomic sources of well-being (A nation's GDP does not measureits total well-being) A, B, and C illustrate the shortcomings ofthe GDP. True or False

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