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?

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?

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