Which of the following statements is true?
A) A decrease in the crime rate increases GDP as people will spend more on security.
B) Household production is counted in GDP as it amounts to real production.
C) GDP accounting rules do not adjust for production that pollutes the economy.
D) GDP growth distributes income equally to people in the economy.
Correct Answer:
Verified
Q103: Increases in real GDP would overstate the
Q104: Legalizing all forms of illegal activities
A)reduces GDP
Q105: Presently,GDP is _ to compensate for the
Q106: If GDP calculations included measurements of pollution
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