GDP understates the amount of economic production in the United States because it excludes:

Over time, people in the United States and other high-income countries have, on average, become taller, which is an indication that their nutritional status has improved

Indicate whether the statement is true or false

Arbitrage refers to the act of

A) buying a product in one market at a low price and reselling in another market at a higher price. B) suing a producer for illegal business practices. C) trading in the foreign exchange market. D) resolving a dispute in front of an arbitrator instead of a court of law.