Which of the Following Is a Shortcoming of GDP

question 69

Multiple Choice

Which of the following is a shortcoming of GDP?

• A) GDP measures used goods and services.
• B) GDP includes changes in inventories.
• C) GDP includes the value of net exports.
• D) GDP does not make an allowance for leisure time.

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Definitions:

Restaurant B

A hypothetical or specific dining establishment, possibly used in examples for discussion or analysis purposes.

Confidence Interval

A sequence of values, derived from examining samples, believed to possess the value of an unknown parameter within the population.

Weekly Salaries

Payments made to employees on a weekly basis for their labor or services.

Female Employees

Women who are employed by an organization or company.