Multiple Choice
Real GDP can be criticized as a measure of economic welfare because it
A) does not include leisure time available to a society.
B) does not take account of the degradation of environmental quality.
C) does not include the value of products produced in the household.
D) All of the above answers are correct.
Correct Answer:
Verified
Related Questions
Q227: Q228: A peak is the Q229: An expansion occurs when the level of Q230: Real GDP is not a perfect indicator![]()
A) upper turning point