Broken window fallacy pertains to: errors in estimating the GDP figures neglect of short term consequences of economic policies neglect of long term consequences of economic policies neglect of useful consequences of wars

Broken window fallacy pertains to: errors in estimating the GDP figures neglect of short term consequences of economic policies neglect of long term consequences of economic policies neglect of useful consequences of wars

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section: Chapter Questions

Problem 12QP

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Question

Broken window fallacy pertains to:
errors in estimating the GDP figures
neglect of short term consequences of economic policies
neglect of long term consequences of economic policies
neglect of useful consequences of wars

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