Which of the Following Would Lead GDP to Overstate Economic

question 332

Multiple Choice

Which of the following would lead GDP to overstate economic welfare?

• A) the existence of home-cooked meals
• B) restaurant workers that under-report tip income
• C) a self-employed CPA who takes a longer than normal vacation
• D) electric utilities that switch to burning coal because of higher natural gas prices and thereby create more acid rain pollution

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Definitions:

Voluntary Nervous System

Part of the nervous system responsible for the control of voluntary movements and the communication of sensory information to the CNS.

Sympathetic Division

A part of the autonomic nervous system that activates the body's fight or flight response during stressful or emergency situations.

Electrical Activity

The movement of electrical charges or signals through neurons in the brain and throughout the body, foundational for neural communication.

Brain

The complex central organ of the nervous system, responsible for thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.