Multiple Choice
Which of the following is a main limitation of GDP?
A) GDP figures are grossly inaccurate due to sampling errors.
B) The real definition of what is and is not included in GDP is unclear.
C) GDP is not a good measure of a nation's overall welfare.
D) GDP includes some products, which by their very nature are bad products, such as military weapons.
Correct Answer:
Verified
Correct Answer:
Verified
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