Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. Which of the following activities are either not accounted for or are measured inaccurately in calculations of GDP for the United States? Check all that apply. 0 Federal government paychecks to soldiers The value produced by doing your own laundry The Brazilian wood that is used for flooring in a new U.S. house The costs of air and water pollution The leisure time enjoyed by Americans

Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. Which of the following activities are either not accounted for or are measured inaccurately in calculations of GDP for the United States? Check all that apply. 0 Federal government paychecks to soldiers The value produced by doing your own laundry The Brazilian wood that is used for flooring in a new U.S. house The costs of air and water pollution The leisure time enjoyed by Americans

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section: Chapter Questions

Problem 1WNG

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