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One Reason That GDP Tends to Understate the Economic Well-

Question 27

Multiple Choice

One reason that GDP tends to understate the economic well- being of the country's residents is that it ignores the


A) incomes of police officers whose labour reduces the impact of illegal activity.
B) incomes and value added by employees of used car lots.
C) benefits of increased leisure time.
D) legal expenditures from people who earn their incomes from criminal activity.
E) the incomes earned by Members of Parliament.

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