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  • Card 4 / 6:
    Explain briefly whether each of the following would cause GDP to overstate or understate the degree of change in the broad standard of living.

    The environment becomes dirtierThe crime rate declinesA greater variety of goods become available to consumersInfant mortality declines

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Source:  OpenStax, Macroeconomics. OpenStax CNX. Jun 16, 2014 Download for free at http://legacy.cnx.org/content/col11626/1.10
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