Which of the following statements is false?
A) GDP says nothing about the distribution of output among individuals in a society.
B) GDP is neutral about the kinds of goods that an economy produces. All goods get counted in the same way regardless of the different weights that society might attach to these items.
C) GDP is adjusted to reflect losses or social ills.
D) GDP cannot be used to measure the effects of policies that redistribute income from one group to another.
Correct Answer:
Verified
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