According to Economists,changes in the Quality of Goods

question 171

Multiple Choice

According to economists,changes in the quality of goods

• A) leads to overestimates of the measured value of GDP because these goods last for shorter amounts of time
• B) leads to underestimates of the measured value of GDP because these goods last for shorter amounts of time
• C) leads to overestimates of the measured value of GDP because these goods last for longer amounts of time
• D) have no effect on the measured value of GDP
• E) leads to underestimates of the measured value of GDP because these goods last for longer amounts of time

---

Definitions:

Qualified People

Individuals who meet the necessary standards and qualifications for a job, project, or activity, based on their skills, experiences, and education.

Extroverted

A personality trait characterized by being outgoing, sociable, and energized by interactions with others.

Agreeable

A personality trait characterized by a tendency to be pleasant, cooperative, and harmonious in interactions with others.

Conscientious

Characterized by the desire to do one’s work or duty well and thoroughly.