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?
Find 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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
51. lo. 4 pam retires after 28 years of service with her employer. she is 66 years old and has contributed $42,000 to her employer's qualified pension fund.
Answers (1)
Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) $940,500 Long-term liabilities 209,000 Total liabilities 658,350 Total stockholders' equity 731,500 Determine the company's (a)
Answers (1)
When you try to lower your price below equilibrium, it will result in a consumer surplus. Why does this occur? A. Lower price causes lower demand. B. Lower price creates a product surplus. C. Greater demand results in buyer remorse. D.
Answers (1)
Identify the accounting concept that describes each situation below. Do not use any concept more than once. (a) Is the rationale for why plant assets are not reported at liquidation value. (Do not use the historical cost principle.
Answers (1)
Assuming that the total manufacturing costs are $3,400,000, compute the cost of goods manufactured using the information below.
Answers (1)
New Questions in Business
Read the passage. Then answer the question that follows. Jimena recently took out a fixed-rate loan from a bank in order to purchase a new car. She agreed to repay the loan within five years.
Answers (1)
Thirty-seven-year-old steven is a single male who has suffered from depression all his life. he has been in treatment for the last week and a half and has begun taking an antidepressant.
Answers (1)
Mike inherited some antiques. Pat agrees to buy them. In the contract, Mike and Pat agree to value the antiques at whatever the Sotheby's representative says. It is much higher than either of them anticipated. What is the outcome?
Answers (1)
Among the various kinds visual aids, tables are what?
Answers (1)
Tp-22 what test can be performed to detect a leak after fueling a gasoline-powered boat?
Answers (1)