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  3. Study Set
    Macroeconomics Australia Study Set 1
  4. Exam
    Exam 5: GDP: a Measure of Total Production and Income
  5. Question
    As Measured, GDP Omits Which of the Following
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As Measured, GDP Omits Which of the Following

Question 52

Question 52

Multiple Choice

As measured, GDP omits which of the following?
i. Illegal sales of goods and services
ii. Changes in the amount of leisure time
iii. Household production of goods and services


A) i only
B) i and iii
C) ii and iii
D) i and ii
E) i, ii and iii

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