Read the statement:
'To measure the health of an economy solely through gross domestic product is to celebrate the sale of cigarettes, oil spills requiring cleanup, and prison expansions as unequivocal markers of human prosperity.'
The author's stance on GDP as a comprehensive measure of well-being is...
Answer and explanation
Correct answer: C. Highly critical of its failure to distinguish destructive activity from genuine welfare
- Step 1: The author points out that GDP counts oil spill cleanups and prisons as economic 'gains'. Step 2. This highlights how GDP conflates remedial or destructive expenditures with true welfare. Answer: Highly critical of its failure to distinguish destructive activity from genuine welfare. Why not the others: The passage offers a scathing critique of GDP's blind spots.
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