Which of the following is not one of the limitations of GDP?
GDP does not show the type and quality of goods and services that a country produces
GDP does not measure fast food consumption
GDP does not account for goods and services not sold in the marketplace like work done at home
GDP does not measure the value of leisure time or illegal goods
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is not one of the limitations of GDP? GDP does not show the type and quality of goods and services that a country ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
1) Bob's lawn-mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $27 each. His total cost each day is $280, of which $30 is a fixed cost. He mows 10 lawns a day.
Answers (1)
Multinational organizations can shop from country to country and cut costs through: lower wage scales. lower indirect costs. less stringent regulations. lower taxes and tariffs. All of these.
Answers (1)
Oregon Weights manufactures a specialty precision scale. For January, the company expects to sell 1 comma 500 scales at an average price of $ 2 comma 320 per unit. The average manufacturing cost of each unit sold is $ 1 comma 420.
Answers (1)
One primary reason that environmental optimists are not concerned with natural resource depletion is they believe that
Answers (1)
Suppose that National Bank of Guerneville has $33 million in checkable deposits, Commonwealth Bank has $41 million in checkable deposits, and the required reserve ratio for checkable deposits is 10%.
Answers (1)
New Questions in Business
Information is stored in what type of object in a database? A. Report B. Query C. Form D. Table
Answers (1)
Taryn, who was sexually assaulted in a parking lot, experiences frequent nightmares and has withdrawn from her family and friends. Since the attack, she has difficulty sleeping and can no longer hold down a job.
Answers (1)
Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly earnings?
Answers (1)
In the United States, the labor share of national income has significantly declined since its peak in 1970. See the section 3-2 in the text for additional information. Offer your explanation for this trend.
Answers (1)
Which one of the following is not an assumption for the law of one price? a. There is free competition b. There is no transportation cost c. There are no tariffs d. The skill level of workers is identical in both countries
Answers (1)