Issues in Economics Today 7th Edition by Robert Guell

تمرين 8

One problem with using real gross domestic product as a measure of social welfare is that
A) it fails to count home production.
B) it fails to count services, a growing part of the economy.
C) it double, triple, and sometimes quadruple counts goods that are produced in stages.
D) it fails to account for imports, a growing part of the economy.