The Bureau of Economic Analysis excludes from its calculation of GDP most of the goods produced that are not sold in markets because
A) their production has no real costs.
B) their value is implicitly included in the prices of marketed goods.
C) there is no satisfactory way to measure their value.
D) they do not contribute to national welfare.
E) this would be inappropriate for an exchange economy.
C
Economics
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Which of the following is NOT used in the video as an example of the kind of shock that causes structural unemployment?
A. The rapid rise of the Internet B. The Financial Crisis of 2008 C. The opening of trade with China in the 1990s D. The 1970s oil price shock
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When hedging with options, what is the cost to enter into your hedging position?
A. The basis. B. The maintenance margin. C. The strike price. D. The option premium.
Economics