As measured, GDP omits which of the following?
i. Illegal sales of goods and services
ii. Changes in the amount of leisure time
iii. Household production of goods and services
A) i and ii B) ii and iii C) i only D) i, ii, and iii E) i and iii
D
Economics
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In what way do developing countries make the largest contribution to the global concentrations of greenhouse gases?
(a) vehicle emissions. (b) deforestation. (c) mining. (d) irrigation.
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An increase in real output (goods and services) is the only explanation for an increase in nominal GDP
Indicate whether the statement is true or false
Economics