Which of the Following Statements Is NOT True of GDP

question 139

Multiple Choice

Which of the following statements is NOT true of GDP?

• A) GDP excludes nonmarket production.
• B) There are no significant weaknesses in using GDP as a measure of the nation's economic performance.
• C) GDP is the value of final goods and services produced in the economy.
• D) GDP is not a measure of a nation's overall welfare.

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