Which of the following is a shortcoming(s) of GDP as a measure of total output?
A)GDP does not include unpaid work.
B)GDP does not include activities in the underground economy.
C)GDP does not capture the full value of improvements in product quality.
D)All the answer choices are correct.

Question

Quizplus · Accepted Answer

All the answer choices are correct. GDP does not include unpaid work, activities in the underground economy, and does not capture the full value of improvements in product quality.

Which of the Following Is a Shortcoming(s) of GDP as a Measure