GDP does not capture changes in the availability of leisure time and often fails to reflect changes in the quality of products and the availability of new products. (such as improvements in technology).

August 14th, 2017

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GDP does not capture changes in the availability of leisure time and often fails to reflect changes in the quality of products and the availability of new products. (such as improvements in technology).

Why are these items not factored into the GDP?

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GDP does not capture changes in the availability of leisure time and often fails to reflect changes in the quality of products and the availability of new products. (such as improvements in technology).

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