Read the above article about GDP. Do you agree or not with the article that “GDP is Broken”? You do not have to answer all or any of the following questions. They are simply some things to think about. Is the purpose of GDP to measure all aspects of our well-being or just some? Should things like happiness or sadness be considered as part of GDP or an alternative aggregate? Is GDP a “crude proxy for human progress” and if so is it a good proxy or a bad one?
Your response must be 300 to 500 words. File must be uploaded as an MS Word document or pdf file by 5 PM on Monday October 7. Please feel free to use information from class or other sources (Google searches and reading information online, reading other articles, etc.). Just do not copy someone else’s writing or ideas verbatim, including your fellow students. That is plagiarism and will result in a submission to SJA. The assignment is 5 points total.
5 points: Uploaded before 5 PM on due date. Meets word count requirement and correctly uses once course concept.
3 points: Uploaded before 5 PM on due date. Meets word count requirement and uses a concept from class but not correctly (e.g. misunderstands a definition or model, etc.).
3 points: Uploaded late on the due date but before 5:30 PM. Meets word count requirement and correctly uses once course concept.
0 points: Everything else.