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Question
Which of the following is a significant weakness of GDP as a measure of the nationʹs economic performance?
A) GDP excludes the secondhand good market because it is impossible to obtain an estimate of the amount sold.
B) GDP excludes the value of the buying and selling of securities.
C) GDP considers product and factor markets but not services.
D) GDP excludes nonmarket production, such as black market activities.
Answer
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Related questions
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