Statistics Canada Excludes from GDP the Value of Goods and Services

question 65

Multiple Choice

Statistics Canada excludes from GDP the value of goods and services exchanged "under the counter" because

• A)Statistics Canada is responsible for making an ethical decision about which activities to exclude from national income measures.
• B)satisfactory methods for their measurement have not been developed.
• C)their production has zero opportunity cost.
• D)these goods are all intermediate goods.
• E)these goods do not contribute to well-being.

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Definitions:

Weight Control

The practice of maintaining a healthy body weight through a balanced diet and regular exercise.

Biologically Determined

Traits or characteristics that are influenced by genetic or physiological factors.

Body Mass Index

A measurement derived from a person's height and weight, used to categorize underweight, normal weight, overweight, and obesity.

Extremely Thin

Having a significantly low body weight or body mass index, often related to health issues or dietary habits.