Multiple Choice
Which is not a shortcoming of GDP accounting?
A) It ignores the underground economy.
B) It excludes household production.
C) It excludes the value of leisure time.
D) It ignores changes in population.
E) It has no mechanism for adjusting the figures for inflation.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q183: Gross Domestic Product includes final goods and
Q184: Which of the following is not a
Q185: If a firm hires labor for $20,000,pays
Q186: The value of the films produced in
Q187: Suppose that the economy is in equilibrium
Q189: Which of the following is true regarding
Q190: Jimmy Earl,a farmer,sells $20 worth of peanuts
Q191: Which of the following would not be
Q192: The ultimate goal of studying the circular
Q193: The Lee family won a $50 million