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In what way(s) does GDP per capita not provide an accuraterepresestation of living standards? GDP...

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Economics

In what way(s) does GDP per capita not provide an accuraterepresestation of living standards? GDP per capita does not measurepeoduction that occurs outside of the market economy. GDP percapita does not account for how people distribute their timebetween work and leisure. GDP per capita does not account forchanges in envirentmental quality. GDP per capita does not accountfor all final goods and services sold in muchets.

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