Paraphrasing Tool by SEOMagnifier

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Original Content:
GDP measures the market value of goods and services produced in the country, but it
captures only market activity and is not designed to be a measure of economic
welfare. GDP has always been a measure of output, not of welfare. Using current
prices, it measures the value of goods and services produced for final consumption,
private and public, present and future.
GDP is not, however, a perfect measure of well-being. Some things that contribute
to a good life are left out of GDP. One is leisure. Suppose, for instance, that
everyone in the economy suddenly started working every day of the week, rather than
enjoying leisure on weekends. More goods and services would be produced, and GDP
would rise. Yet despite the increase in GDP, we should not conclude that everyone
would be better off. The loss from reduced leisure would offset the gain from
producing and consuming a greater quantity of goods and services.

Rewritten Content:
GDP measures the market price of products and services produced in the united
states of america, but it captures only market pastime and isn't designed to be a
measure of monetary welfare. GDP has constantly been a degree of output, not of
welfare. the usage of modern-day charges, it measures the cost of products and
offerings produced for very last intake, private and public, present and destiny.
GDP isn't, but, a really perfect degree of well-being. a few things that make
contributions to an amazing life are neglected of GDP. One is entertainment.
suppose, for example, that everybody within the economy began operating each day
of the week, as opposed to taking part in leisure on weekends. extra goods and
offerings could be produced, and GDP could upward thrust. yet despite the boom in
GDP, we have to now not finish that everyone might be better off. The loss from
reduced enjoyment might offset the advantage from generating and ingesting a extra
quantity of goods and offerings.

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