Which of the following exclusions from GDP suggests that GDP underestimates our material well-being?
A) The unreported sales of narcotics
B) The environmental impacts of congestion and pollution
C) The increased stress and health problems caused by the modern pressures and demands of the work place
D) The unreported earnings of people who work off the books
Correct Answer:
Verified
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A)flows of income received by
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A)GDP minus depreciation.
B)gross private domestic
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A)not
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A)intermediate but not final products.
B)substitute but
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A)may have either
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