Multiple Choice
Which of the following statements is false?
A) GDP says nothing about the distribution of output among individuals in a society.
B) GDP is neutral about the kinds of goods that an economy produces. All goods get counted in the same way regardless of the different weights that society might attach to these items.
C) GDP is adjusted to reflect losses or social ills.
D) GDP cannot be used to measure the effects of policies that redistribute income from one group to another.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Which of the following is not a
Q19: Injections are assumed in the Keynesian model
Q20: What would we expect to be happening
Q21: GDP includes all transactions in which money
Q22: Cost- push inflation can be caused by
Q24: Real GDP is not a perfect measure
Q25: The largest income component of GDP is<br>A)
Q26: Gross domestic product (GDP) is<br>A) the total
Q27: Human capital refers to_ that contribute to
Q28: Human capital refers to <br>A) those