Answered: Which of the following does GDP…

Which of the following does GDP measure? a) Non-market economic activities B) Economic transactions in the market C) Illegal economic activities D) informal economy

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Tracking The U.s. Economy

Section: Chapter Questions

Problem 3.6P

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22 -

Which of the following does GDP measure?

a)	Non-market economic activities

B)	Economic transactions in the market

C)	Illegal economic activities

D)	informal economy

TO)	Quality of goods and services

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