Multiple Choice
A statistical discrepancy
A) exists because data sources are not perfect, so measures of expenditures and income are not equal.
B) insures that GDP will approximately equal GNP.
C) explains the close association between GDP and quality of life measures such as literacy and life expectancy.
D) explains the inadequacy of GDP in capturing the value of leisure and the value of a clean environment.
Correct Answer:
Verified
Correct Answer:
Verified
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