Which of the following statements is NOT true about economic indicators?
a. Government spending accounts for about 50 percent of the GDP.
b. When measuring GDP, it is important to put all prices on the same scale.
c. The unemployment rate can be misleading because people who have given up looking for work are not included.
d. A growth rate of 3 percent of personal disposable income is considered healthy.
e. The number of homes and motor vehicle sales are good indicators of consumer demand.
a. Government spending accounts for about 50 percent of the GDP.
Political Science