As measured, GDP omits which of the following?
I. illegal sales of goods and services
Ii. changes in the amount of leisure time
Iii. household production of goods and services
A) i only
B) i and ii
C) ii and iii
D) i and iii
E) i, ii, and iii
Correct Answer:
Verified
Q145: Although imperfect,which of the following is used
Q158: Q159: The business cycle is defined as Q161: Which of the following describe the United Q165: Excluding household and underground production leads to Q166: The U.S.economy is experiencing falling output,falling employment,falling Q167: The calculation of GDP excludes the value Q168: As more women decide to work outside Q180: The U.S.economy is experiencing rising output,rising employment,rising Q195: Babysitting services the oldest son provides his
A)changes in
A)underestimation
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