Prompt : Perhaps we should replace GDP with GPI – Genuine Progress Indicator – or the Index of Sustainable Economic Welfare (Links to an external…

Prompt:

Perhaps we should replace GDP with GPI â Genuine Progress Indicator â or the Index of Sustainable Economic Welfare (Links to an external site.)

, or some other measure of National Well Being â¦. there are a lot of suggestions out there. You are invited to do a little research and discover GDP for your self.

When you are ready â please address the question: Why Should Policymakers Care About GDP?