Which of the Following Activities Is Excluded from GDP, Causing

question 116

Multiple Choice

Which of the following activities is excluded from GDP, causing GDP to understate a nation's production?

• A) the services of health care workers
• B) the services of military personnel
• C) the construction of new buildings
• D) goods and services produced in the underground economy

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Definitions:

Bureau of Labor Statistics

A U.S. government agency responsible for collecting and analyzing essential data related to labor economics, including employment, unemployment, and price statistics.

Labor Force

The total number of people who are currently employed or actively seeking employment within an economy.

Bureau of Labor Statistics

A U.S. government agency that collects, analyzes, and disseminates essential economic information to support public and private decision-making.

Employed Category

A classification of individuals who are currently working in a paid job, whether full-time or part-time.