Multiple Choice
When considering GDP as a measure of the nation's economic performance, which of the following statements is NOT true?
A) GDP is a good measure of a nation's overall welfare.
B) GDP is useful to map changes in the economy's domestic economic performance over time.
C) GDP is underestimated because it does not include illegal activities.
D) GDP would be a better measure of economic performance if it included nonmarket activities.
Correct Answer:

Verified
Correct Answer:
Verified
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