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Q: It may be tempting to consider a country's higher level of Gross Domestic Product (GDP) as an index of the relative well-being of that country's people. But there are some reasons due to which this may not be correct. Which of the following is not one of these reasons?
  • A. Level of political awareness
  • B. External factors
  • C. Non-monetary exchanges
  • D. Distribution of GDP
Correct Answer: Option A - Level of Political Awareness is not typically considered a reason for treating a higher level of gross Domestic Product (GDP) as an inaccurate indicator of greater well-being.
A. Level of Political Awareness is not typically considered a reason for treating a higher level of gross Domestic Product (GDP) as an inaccurate indicator of greater well-being.

Explanations:

Level of Political Awareness is not typically considered a reason for treating a higher level of gross Domestic Product (GDP) as an inaccurate indicator of greater well-being.