Which of the following includes volunteer work and damage from pollution in a country's goods and services? Which of the following includes volunteer work and damage from pollution in a country's goods and services? ATP GPI GDP GNP GAP

Question

Business

Layne Hendricks

21 July, 14:11

Which of the following includes volunteer work and damage from pollution in a country's goods and services? Which of the following includes volunteer work and damage from pollution in a country's goods and services? ATP GPI GDP GNP GAP

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Answers (1)

Know the Answer?

Amelia Nielsen · Answer 1

The correct answer is GPI.

Explanation:

To measure the economic growth of a country with only one index is to leave out a number of alternative factors that influence the economy. Many people ignore these other indices without knowing that they also influence the common welfare of a nation. One of these measurements is the Real or Genuine Progress Index (IPR or IPG) or Genuine progress indicator (GPI), by name in English.

This index is not only in the possibility of measuring welfare but also social progress; It is one of the registers designed to replace the Gross Domestic Product as an indicator. The difference is that the Genuine or Real Progress Index takes into account factors that are not exclusively monetary.