Solved

Which of the Following Statements Is True

Question 34

Multiple Choice

Which of the following statements is true?


A) A decrease in the crime rate increases GDP as people will spend more on security.
B) Household production is counted in GDP as it amounts to real production.
C) GDP accounting rules do not adjust for production that pollutes the environment.
D) GDP growth distributes income equally to people in the economy.
E) Purchases of stolen goods would be counted in GDP if they were observable.

Correct Answer:

verifed

Verified

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

Related Questions