Which of the following is a shortcoming of GDP?
A) It measures used goods and services.
B) It includes changes in inventories.
C) It includes the value of net exports.
D) It does not make an allowance for leisure time.
Correct Answer:
Verified
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A) it
Q65: GDP fails to measure changes in
A) the
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A) produces final goods and
Q68: GDP figures tend to understate the quantity
Q69: GDP does not count:
A) the estimated value
Q70: GDP provides information about:
A) the total value
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