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6. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include at transactions and production for that nation Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States? Check all that apply The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government The leisure time enjoyed by households investment har overty intensive uset of resources consumption nts to renovate their buildings The Fund When a U.S. government purchases ports electronic parts from China to use to produce MP3 players within the United States, this purchase increases the component of GDP while also net exports by the same amount. Therefore, the purchase of electronic parts from China causes in US GDP Grade it Now Save & Continue Continue without saving
6. Limitations of GDP 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 scenarios are other not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GOP for the United States? Check all that apply. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government The leisure time enjoyed by households The costs of overfishing and other overly intensive uses of resources Punds spent by city governments to renovate their buildings decreasing increasing When a U.S. company purchases and imports electronic parts from China to Increases the component of GDP while also purchase of electronic parts from China causes in US GDP MP3 players within the United States, this purchase net exports by the same amount. Therefore, the Grade it Now Save & Continue Continue without saving
6. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that ration Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States? Check all that apply. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government The leisure time enjoyed by households The costs of overfishing and other overly intensive uses of resources Funds spent by city governments to an overall decrease 11 an overall increase When a U.S. company purchases and imports hina to use to produce MP3 players within the United States, this purchase no overall change Increases the net exports by the same amount. Therefore, the purchase of electronic parts from China causes in US GDP 0 0 e also Grade it Now Save & Continue Continue without saving