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:

Extranet

A private network that uses Internet protocols, network connectivity, and possibly the public telecommunication system to securely share part of an organization's information or operations with suppliers, vendors, partners, customers, or other businesses.

Intranet

A private network accessible only to an organization's staff, often used to share company information and computing resources among employees.

Performance Opportunity

A chance or situation in which an individual or organization can demonstrate its capabilities or improve its performance.

Performance Deficiency

A situation where an individual's or an entity's output fails to meet the expected or required standards.