Which of the Following Is a Shortcoming of GDP Accounts

question 40

Multiple Choice

Which of the following is a shortcoming of GDP accounts?

• A) They tend to overstate the trade balance as only exports are considered.
• B) They do not take into account the unemployment level.
• C) They include only production by the private sector and not government production.
• D) They ignore the impact of pollution on the environment.

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Definitions:

New Species

A group of organisms that have undergone speciation, possessing distinct genetic, behavioral, or morphological characteristics from their ancestors.

Sympatric Speciation

The process of speciation occurring within the same geographical area, where new species evolve from a single ancestral species while inhabiting the same geographic region.

Animal Species

A group of animals that share genetic similarities, can interbreed and produce fertile offspring.

Female Preference

In evolutionary biology, the behavioral tendency of females to choose certain males as mates, based on traits that indicate genetic fitness.