In 1972 the small kingdom of Bhutan, in Asia, developed a measure of output that included “Happiness.” In class we also saw that former Senator Robert F. Kennedy criticized GDP for its inability to take into account the quality of life of a nation’s citizens. In 2013, President Obama has appointed you to look into developing a new measure of the nation’s overall economic well- being called the Gross Domestic Happiness Indicator (GDHI). What would you include in this new measure and how will you incorporate existing measures of GDP into the GDHI? Solution Ans I will include Gdp per capita, measures of social support, life expectancy at birth, corruption and nepotism, freedom to choose,pollution, public goods, environmental goods in thus measure. Gdp per capita is the existing measure that I will utilize..