They do not consider population growth
They ignore the costs to society occasioned by environmental degradation, urbanization and industrialization
They ignore income distribution
There are many conceptual problems associated with measurement of Gross Domestic Product and Gross National Product
Dana05 answered the question on July 3, 2019 at 11:07
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Give the definition of net property returns from abroad
Date posted:
July 3, 2019
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Give the definition Purchasing Power Parity
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July 3, 2019
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How is the Gross Domestic Product deflator calculated?
Date posted:
July 3, 2019
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Give the definition of Gross Domestic Product deflator
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Give the definition of Gross Domestic Product deflator
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July 3, 2019
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July 3, 2019
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Differentiate between nominal Gross Domestic Product and real Gross Domestic Product
Date posted:
July 3, 2019
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Answers (1)
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Why is it important to adjust the Gross Domestic Product figure?
Date posted:
July 3, 2019
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Identify the three approaches in which a country can compute Gross Domestic Product
Date posted:
July 3, 2019
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Date posted:
July 3, 2019
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Highlight the requirements for economic development to take place
Date posted:
July 3, 2019
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Date posted:
July 3, 2019
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Date posted:
July 3, 2019
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Briefly discuss the factors that determine economic development
Date posted:
July 3, 2019
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Date posted:
July 3, 2019
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Differentiate between economic expansion and economic shrinking
Date posted:
July 3, 2019
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Kenya is currently experiencing very high level of unemployment among the youth. Explain the causes of youth unemployment and discuss elaborately the policy measures that you...
(Solved)
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June 30, 2019
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Outline limitations of quantity theory of money.
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May 17, 2019
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Briefly outline Karl Marx's critique of the classical system and show why his prediction that the capitalist system was doomed to collapse did not materialize.
Date posted:
April 5, 2019
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Explain 5 constraints to demand and supply.
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March 20, 2019
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Explain the roles of parliament in budgetary process.
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March 9, 2019
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