Why Are Illegal Activities,unreported Activities,and Non-Market Activities Excluded from GDP

question 30

Multiple Choice

Why are illegal activities,unreported activities,and non-market activities excluded from GDP?

• A)They do not contribute to human welfare.
• B)They do not have an opportunity cost.
• C)They are difficult to measure.
• D)The do not contribute to the true national output of goods and services.
• E)They are morally repugnant.

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Definitions:

Assimilation

The process by which new employees adjust and adapt to the norms, values, and culture of their workplace.

Integration

The process of combining different systems or processes in a manner that they function cohesively.

Deculturation

The process through which an individual or group loses their native cultural identity, often through prolonged contact with another culture.

Strategic Benefits

Advantages gained from implementing long-term plans that align with an organization's overall goals and objectives.