Why Are Illegal Activities, Unreported Activities, and Non-Market Activities Excluded

question 64

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

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Definitions:

Italian and Chinese Americans

American citizens or residents of Italian or Chinese descent, often with a heritage that influences their cultural practices.

Drinking Increase

A rise in the consumption of alcoholic beverages within a specific population or over time.

Socioeconomic Levels

Categories of an individual's or group's economic and social position in society, often measured by income, education, and occupation.

Socioeconomic Levels

Categories of society that are differentiated based on economic, occupational, and educational factors, affecting individuals' lifestyle and opportunities.