A Shortcoming of National Income Accounting Is That It Ignores

Multiple Choice

A shortcoming of national income accounting is that it ignores

A) the depreciation of manufactured capital
B) spending by poor households who are receiving government transfer payments
C) spending on items such as handguns and attack dogs,since they represent a decline in social well-being
D) the depletion of natural resources
E) U.S.production that is sold overseas