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Author Question: GDP accounting ignores A) all non-market forms of production. B) illegal (black market) ... (Read 30 times)

Jipu 123

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on: Jun 29, 2018
GDP accounting ignores
 
  A) all non-market forms of production.
  B) illegal (black market) production.
  C) economic value added.
  D) all of the above.

Question 2

Would the services supplied by prostitutes and brothels be included in calculating GDP in the United States?
 
  A) Yes, because those are final services.
  B) Yes, but only in those states where brothels are legal.
  C) No, because those services are immoral.
  D) No, because those are not truly economic services.


shayla

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


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