Gross Domestic Product

B​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​y most measures, life over the past four or five decades has gotten better only for a narrow stratum of the population. Everyone else has muddled through, anywhere from one to several paychecks or one doctor’s visit away from bankruptcy....

Gross domestic product

Applying Saint Leo’s Core Values to your analysis, describe what GDP (gross domestic product) measures and some of the limitations of GDP. What is the relationship between economic well-being and social well-being (i.e. happiness)? Can economic growth and...