3. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it is not an accurate measure of a

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3 Limitations Of Gdp Although Gdp Is A Reasonably Good Measure Of A Nation S Output It Is Not An Accurate Measure Of A 1 (18.86 KiB) Viewed 77 times

3. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it is not an accurate measure of a nation's well-being. Which of the following options are either not accounted for or are measured inaccurately in calculations of GDP for the United States? Check all that apply. Funds spent by oty governments to renovate their buildings The costs of air and water pollution The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government The value of your leisure time The components of a U.S.-made tablet that are produced in China