Answer Happy

Back to Assignment Attempts 6. Limitations of GDP Keep the Highest/2 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 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 costs of air and water pollution The quality of goods available to consumers Expenditures on federal highways The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government When a U.S. company purchases and imports wood from Brazil to use to build new houses within the United States, this purchase increases the consumption net exports by the same amount. Therefore, the purchase of wood component of GDP while also decreasing from Brazil causes in US GDP Grade It Now Save & Continue Continue without saving