A shortcoming of national income accounting is that it ignores:
a. the depreciation of manufactured capital

b. spending by poor households who are receiving government transfer payments.
c. spending on intermediate goods.
d. the depletion of natural resources.
e. U.S. products that are sold overseas.

d

Economics

You might also like to view...

Social Security is paid for by an earmarked payroll tax

a. True b. False

Economics

If people use quartz as a medium of exchange, then they: a. have a barter economy

b. are using commodity money. c. are using token money. d. are using legal tender. e. are using fiat money.

Economics