Which is not a shortcoming of GDP accounting?
A)It ignores the underground economy.
B)It excludes household production.
C)It excludes the value of leisure time.
D)It ignores changes in population.
E)It has no mechanism for adjusting the figures for inflation.

Question

Quizplus · Accepted Answer

GDP accounting does have a mechanism for adjusting figures for inflation, known as real GDP, which accounts for changes in price levels.

Which Is Not a Shortcoming of GDP Accounting