Although GDP is a reasonably good measure of a nation's output, it does not necessarily include...

 

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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. The quality of goods available to consumers The costs of overfishing and other overly intensive uses of resources A car that is made in Canada, and sold in the United States Federal government paychecks to soldiers The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government 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. The quality of goods available to consumers The costs of overfishing and other overly intensive uses of resources A car that is made in Canada, and sold in the United States Federal government paychecks to soldiers The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government

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Ans GDP measures the value of good and services that are brought in marke... View the full answer