Which of the following is a short coming of GDP? a.GDP excludes changes in inventries. b.GDP includes an estimate of illegal transactions. c.GDP exclude nonmarket transations. d.GDP excludes business investment spending.
Which of the following is a short coming of GDP? a.GDP excludes changes in inventries. b.GDP includes an estimate of illegal transactions. c.GDP exclude nonmarket transations. d.GDP excludes business investment spending.
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 2SQ
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Which of the following is a short coming of GDP?
a.GDP excludes changes in inventries.
b.GDP includes an estimate of illegal transactions.
c.GDP exclude nonmarket transations.
d.GDP excludes business investment spending.
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