question archive Why is Gross Domestic Product (GDP) a poor measure of the Hicksian national income of East Asian countries? What adjustments are made to GDP to obtain a measure of Sustainable Net Domestic Product (SNDP) and what is the basis behind each of these adjustments?
Subject:EconomicsPrice: Bought3
Why is Gross Domestic Product (GDP) a poor measure of the Hicksian national income of East Asian countries?
What adjustments are made to GDP to obtain a measure of Sustainable Net Domestic Product (SNDP) and what is the basis behind each of these adjustments?