According to the video,which of the following is the best assessment of the overall value of GNP measure?
A) Despite its statistical base, GNP is now considered an outmoded measure of productivity.
B) GNP is a highly accurate, remarkably precise measure of human welfare.
C) GNP is of interest to economists but offers no useful information to consumers or business people.
D) GNP is a universally useful estimate of our nation's productivity.
E) GNP is useful as a measure of annual output but not helpful in measuring economic growth over an extended period of time.
Correct Answer:
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