Which of the following increases GDP?
A) More people walk to work rather than drive cars.
B) Increase in car accidents.
C) Farm families grow more for themselves than for the market.
D) Neither the price nor the quantity of television sets changes, but the quality of sets improves.
Correct Answer:
Verified
Q1: In recent years, people have benefited from
Q16: If the underground economy is sizable, then
Q53: Government spending on teachers and university lecturers
Q61: If the underground economy were included in
Q63: GDP underestimates our economic wellbeing because:
A) it
Q66: The underground economy:
A) produces final goods and
Q66: Because GDP does not account for improvements
Q68: GDP figures tend to understate the quantity
Q70: Because of transactions which take place in
Q79: Which of the following is a shortcoming
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents