PT118.S1.Q1

PrepTest 118 - Section 1 - Question 1

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The obsession of economists with consumption as a measure of economic well-being has prevented us from understanding the true nature of economic well-being. ██ ███ ████ ██████ ████████████ ███ ██ ███ ████ ████ ███ ████████ █████ ████ ███ ███████████ ███████████ ███ ███ ████████ ██ ███ █████ █████ ██ ███ ████ ██ █████████

Summary

Economist’s obsession with consumption as a measure of economic well-being prevents us from understanding true economic well-being. Why? Because we are not very satisfied by the fact that some things must be replaced.

Strongly Supported Conclusions

There is more to economic well-being than consumption.

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1.

The author is arguing that

a

economic well-being cannot ██ ███████ ██████ ██ █████ ██ ███████████

b

satisfaction is possible ███████ ███████████

c

valid measures of ███████████ ██████ ██ ███████

d

modern products are ████████ ███ █████ ████████████

e

satisfaction can provide ██ ████████ ████████████ ███████ ██ ████████ ██████████

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Are you sure?