2 Mark this question Which statement below is true of GDP? It describes the past state of the economy instead of present conditions. It measures the sum of the value of goods and services imported into a country. It is more of an indicator of quality of life than consumption. It is a rarely used tool in comparisons of the economies of different countries. Question 1 Mark this question Which statement is true regarding women's participation in the labor market? More men than women are employed in the informal sector. Standards of living increase as women's participation in the workforce increases. Women are no longer responsible for most domestic work because they have increased their labor force participation. Birth rates have increased as women's employment rates have increased