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:

Distribution

The process of sharing something among a number of recipients, or the way in which something is spread or allocated across a group or area.

Sharing of Power

The distribution of control, authority, or influence among multiple parties or individuals.

Leadership Effectiveness

The degree to which a leader achieves the desired outcomes or goals through their influence and direction.

Leadership Situation

The context or environment in which leadership occurs, including the tasks, challenges, relationships, and cultural factors that influence leadership processes and effectiveness.