GDP ignores:
A) the value of mowing your lawn, if you pay someone to do it.
B) the value of cleaning your house, if you hire someone.
C) the value of a water purifier system.
D) air, water and noise pollution.
Correct Answer:
Verified
Q91: The output measure that adjusts for depreciation
Q92: Net national product is:
A) NDP minus depreciation.
B)
Q93: In a closed economy, any differences between
Q94: Net domestic product is equal to GDP
Q95: GDP ignores:
A) the value of mowing your
Q97: Net domestic product is calculated as GDP:
A)
Q98: One way that an economy can grow
Q99: An estimate of the depreciation of plant,
Q100: GDP understates national wellbeing because:
A) there is
Q101: Net domestic product (NDP) is equal to
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