Why Do We Neglect Leisure and Cheer for Divorce? Answers

1. the quality of those activities cannot be reflected from the quantitative datas of GDP while lotsa of things were not taken into account when calculating the GDP also. Things such as underground activities like drug dealing and environmental or war issues are all ignored and thus the GDP does not clearly reflect economic development.

2. This means that some country's GDP may be higher than others not because they are having more economic activities but because more factors were taken into account when calculating GDP. Thus the values of the two GDPs are not comparable as they do not represent two equal sections of the countries.

3. year 1996, armstrong made his largest contribution to GDP. 1996 again, armstrong had his lowest level of individual welfare. In 1999-2005, he had his highest level of individual welfare. Income is the net cost + profit gain or price * quantity while output refers to the quantity of production. Your own happiness however, is the emotional and physical (cash) profit u gain. Therefore, income and output may only reflect physical profit gained and happiness gained from physical profit. It does not reflects the emotional profits, thus, income does not equal happiness.

4.
a. out
b. out
c. in
d. in
e. in
f. out

5. by including the income and records of the areas where the lesiure times were spent on, these markets such as for vacation tours can produce measurable values to indirectly reflect the social welfare of leisure time.