GDP underestimates our economic well-being:
A) for of all the following reasons.
B) because it includes the value of work done by nannies.
C) because it ignores leisure.
D) because it includes the value of work done by householders.
E) because it includes the value of work done by illegal immigrants.
Correct Answer:
Verified
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Q82: Real GDP means GDP:
A) valued at prices
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A)
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Q116: When depreciation is subtracted from:
A) Personal income,
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Q123: Nominal gross domestic product is based on:
A)
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