Multiple Choice
Excluding household and underground production leads to
A) underestimation of real GDP but not nominal GDP.
B) overestimation of real GDP but not nominal GDP.
C) overestimation of both real GDP and nominal GDP.
D) underestimation of both real GDP and nominal GDP.
E) underestimation of real GDP an an overestimation of nominal GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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