PDA

View Full Version : Principles of Economics.


bonzaieze
Dec 2, 2008, 02:04 PM
: Discuss the relationship between the level of GDP and economic well-being. What factors of well-being are missing from the GDP? Is there a point where the GDP could increase to such a high level that economic well-being could be compromised? If so, describe some of the opportunity costs associated with maximizing the GDP.