The growth of GDP may understate the economy's economic well-being if the
A) distribution of income becomes increasingly unequal.
B) quality of products and services improves.
C) environment deteriorates because of pollution.
D) amount of leisure decreases.
Correct Answer:
Verified
Q137: Military goods purchased by the government are
A)not
Q138: GDP includes
A)intermediate but not final products.
B)substitute but
Q139: If nominal GDP in 2012 exceeds nominal
Q140: If GDP increases,then real GDP
A)may have either
Q141: Assume that from 2007 to 2009 the
Q143: Total value added in a nation over
Q144: GDP will grow faster than real GDP
Q145: GDP measures
A)the market value of intermediate products
Q146: Real GDP is the
A)amount of goods and
Q147: Statement I: Both final and intermediate goods
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