menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics for Today
  4. Exam
    Exam 11: Measuring the size of the economy
  5. Question
    GDP Ignores
Solved

GDP Ignores

Question 23

Question 23

Multiple Choice

GDP ignores:


A) the value of mowing your lawn if you hired someone to do it.
B) the value of cleaning your clothes if you took them to the laundry.
C) the value of driving your kids to school if you hired a taxi to do it.
D) the value of the air quality in your neighborhood.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q16: Net national product is:<br>A) NDP minus depreciation.<br>B)

Q18: In economics,the term 'investment' refers to:<br>A)purchasing shares

Q21: The circular flow model shows the flow

Q22: Because of transactions which take place in

Q23: A country's current account balance is:<br>A) the

Q24: Which of the following increases GDP?<br>A)More people

Q52: If the underground economy were included in

Q86: Household consumption expenditures include:<br>A) investment expenditure.<br>B) used

Q108: GDP fails to measure changes in<br>A) the

Q117: To finance a current account deficit, a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines