Excluding Household and Underground Production Leads to

Multiple Choice

Excluding household and underground production leads to

A) underestimation of both real GDP and nominal GDP.
B) overestimation of real GDP but not nominal GDP.
C) underestimation of real GDP and overestimation of nominal GDP.
D) underestimation of real GDP but not nominal GDP.
E) overestimation of both real GDP and nominal GDP.