One of the Limitations of the National Income Accounting System

Multiple Choice

One of the limitations of the national income accounting system is:

A) valuing all output at its market price regardless of its contribution to society's economic welfare.
B) placing a market value on all negative externalities.
C) accurately measuring the value of leisure time.
D) double counting food produced on a farm for family consumption.
E) ignoring government production of goods and services.