Which of the Following Is Not a Problem Associated with GDP

question 67

Multiple Choice

Which of the following is not a problem associated with GDP as a measure of social welfare?

• A)It excludes many nonmarket activities.
• B)It values all types of output equally.
• C)It excludes pollution damage.
• D)It excludes intermediate goods as a separate entry.
• E)It excludes the value of leisure time.

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Definitions:

Bullying

The act of repeatedly and intentionally causing harm or discomfort to another person, often through an imbalance of power.

Elevated Work

Tasks or operations that are conducted at heightened levels above the ground, necessitating the use of safety equipment and precautions.

Family Conflict

Disputes or tensions among family members that arise from incompatible goals, scarce resources, or differences in values.

High Self-esteem

A psychological condition where an individual holds a positive and confident perception of themselves.