Examlex
Which of the following is a shortcoming of GDP?
Input
Refers to any resource or factor that is used in the generation of goods or services in a production process. (Duplicate rephrase)
Decreasing Returns
The phenomenon where an increase in the input of resources leads to a less proportional increase in output.
Marginal Product
The additional output that is produced by employing one more unit of a particular input, with all other inputs held constant.
Input
Resources that are used in the production process to create goods or services, such as labor, materials, and capital.
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