NAMA:

Rendi
Maul
ana

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M:042867426

TUGAS2

UntukTUGAS2i ni
andaakandi
ber
ikanpi
l
ihant
opi
kunt
ukmembuatsebuahessay
denganpanduansbb:

1.Buatl
ahessaydenganpal
i
ngtidak3par
agaph(
1buahpar
agr
aphawal
,1buah
paragr
aphisidan1buahparagr
aphpenut
up).

2.Tul
i
slahj
awabanandapadar
ent
angant
ara150-
200kat
a.

3.Jawabanessaydi
ket
ikdandi
ki
ri
mkankeFor
um Tugasdal
am bent
ukWor
d.

Pi
l
ihl
ahsal
ahsat
utopi
kber
ikut
:

A.GDPi
saper
fectmeasur
eofwel
far
e

Doy
ouagr
eeordi
sagr
eewi
tht
hest
atement
?

B.I
nvest
mentineducat
ionsy
stem i
smor
eimpor
tantt
hanheal
thcar
esy
stem t
odev
elop
humancapi
tal

Doy
ouagr
eeordi
sagr
eewi
tht
hest
atement
?

Jawab

A.GDPmeasuresboththeeconomy '
stot
alincomeandtheeconomy'st
otalexpendi
ture
ongoodsandserv
ices.Thus,GDPperper sontel
lsusthei
ncomeandexpenditureofthe
aver
ageper
sonintheeconomy .Becausemostpeopl ewoul
dprefert
orecei
vehigher
i
ncomeandenjoyhigherexpendit
ure,GDPperpersonseemsanat ur
almeasureofthe
economi
cwell
-bei
ngoft heaverageindi
vi
dual.

Yetsomepeopledi
sputet
hevali
dit
yofGDPasameasureofwel
l
-bei
ng.When
SenatorRober
tKennedywasrunni
ngforpr
esi
denti
n1968,
hegaveamov i
ngcr
it
iqueof
sucheconomicmeasures.
[Grossdomest i
cpr oduct]doesnotal l
owf orthehealt
hofourchildren,t
hequal i
tyof
theireducation,orthejoyoft heirplay.Itdoesnotincludethebeautyofourpoet r
yorthe
strengthofourmar ri
ages, t
hei ntell
i
genceofourpubl icdebateortheintegr
ityofour
publicoffi
cials.
tmeasur esnei t
herourcour age,norourwisdom,norourdev oti
ont oour
count r
y.I
tmeasur eseverything,inshort ,
exceptthatwhichmakesl i
fewor t
hwhile,andi
t
cant el
lusev erythi
ngaboutAmer icaexceptwhywear epr
oudthatwear eAmer icans.

MuchofwhatRober
tKennedysai
discor
rect
.Why
,then,
dowecar
eaboutGDP?

Theansweri sthatal ar
geGDPdoesi nfacthelpust oleadgoodl ives.GDPdoes
notmeasur etheheal t
hofourchi l
dren,butnati
onswithlargerGDPcanaf fordbett
er
healthcaref ort heirchil
dren.GDPdoesnotmeasur et
hequal it
yoftheireducat ion,
but
nationswi t
hlar gerGDPcanaf fordbettereducat
ionalsystems.GDPdoesnotmeasur e
thebeaut yofourpoet ry,butnati
onswi thl
argerGDPcanaf for
dt oteachmor eofthei
r
cit
izenst or eadandenj oypoet r
y.GDPdoesnott akeaccountofouri ntell
igence,
i
ntegr i
ty,cour age, wisdom, ordevoti
ont ocountr
y,butalloftheselaudableat tri
but
es
areeasi ertof osterwhenpeopl earelessconcernedaboutbei ngabletoaf fordthe
mat eri
al necessi ti
esofl i
fe.Inshort
,GDPdoesnotdi r
ectlymeasur ethoset hingsthat
makel i
fewor thwhi l
e,butitdoesmeasur eourabili
tyt
oobt ainmanyoft hei nputsi
ntoa
wor thwhilelif
e.

GDPi snot,
howev er,
aperfectmeasureofwel l
-being.Somet hingst hatcont
ribute
toagoodl if
eareleftoutofGDP.Onei sl
eisure.Suppose, f
orinstance, t
hateveryonein
theeconomysuddenl yst
art
edwor ki
ngeverydayoft heweek, r
athert hanenjoyi
ng
l
eisureonweekends.Mor egoodsandserv i
ceswoul dbepr oduced, andGDPwoul drise.
Yetdespitethei
ncreaseinGDP, weshouldnotconcl udethatever y
onewoul dbebet t
er
off
.Thel ossfr
om reducedlei
surewouldof f
setthegai nfr
om pr oducingandconsumi ng
agreaterquanti
tyofgoodsandser vi
ces.

BecauseGDPusesmar ketpri
cestov aluegoodsandser vi
ces, i
texcludest hev alue
ofalmostal lactiv
itythattakesplaceoutsi demar kets.I
nparti
cular,GDPomi tst he
valueofgoodsandser vi
cespr oducedathome.Whenachefpr eparesadel i
ciousmeal
andsel lsitatherrestaurant,t
hev al
ueofthatmeal ispartofGDP.Buti ft
hechef
preparest hesamemeal forherfamil
y,t
hev alueshehasaddedt ot herawingr edientsis
l
eftoutofGDP, Si
mi l
arl
y,childcareprov
idedi nday-
carecenter
si spartofGDP, wher eas
childcarebypar entsathomei snot.Volunteerwor kalsocontr
ibutestothewel l
-being
ofthosei nsociety
,butGDPdoesnotr ef
lectt hesecontri
buti
ons.

Anot
hert
hingt
hatGDPexcl
udesi
sthequal
i
tyoft
heenv
ironment
.Imagi
net
hatt
he
gov er
nmenteliminatedall
env ir
onment alregulations.Fir
mscouldthenproducegoods
andser vi
ceswithoutconsideri
ngt hepollutiontheycr eate,
andGDPmi ghtri
se.Yetwel
l
-
beingwoul dmostl i
kel
yfalThedet erior
ationint hequal i
tyofai
randwaterwouldmore
thanoffsetthegainsfrom greaterproduction.

GDPal sosaysnothingaboutt hedistr

ibutionofi ncome.Asoci et
yinwhi ch100peopl e
haveannual i
ncomesof$50, 000hasGDPof$5mi l
li
onand,notsurprisingly,
GDPper
personof$50,000.Sodoesasoci etyinwhi ch10peopl eearn$500,000and90suf fer
withnothingatal
.Fewpeopl ewoul dlookatt hosetwosituat
ionsandcal lthem
equival
ent.GDPperper sontell
suswhathappenst otheaver
ageper son,butbehindthe
averageli
esal ar
gev ar
ietyofpersonal experiences.I
ntheend, wecanconcl udethat
GDPi sagoodmeasur eofeconomi cwel lbeingformost-butnotal l
-purposes.Iti
s
i
mpor tanttokeepinmi ndwhatGDPi ncludesandwhati tl
eavesout.