17 Is Wikipedia counted in U S GDP Why or why not 18 When consumers switch from buying encyclopedias to using Wikipedia, what will happen to U S GDP Is that an accurate measure of the economy's well being 19 Recall from earlier lessons What is the definition of consumer surplus 20 How much would you have to be paid to give up Instagram How about TikTok 21 If Instagram gained 2 million more accounts this year, would it be reflected in GDP 22 Name one other U S produced good or service that you derive a lot of consumer surplus from but that good or service is not counted in U S GDP 23 Given your answers above, what are some weaknesses of GDP as a measure of the economy's well being 24 The video compared GDP to a supermarket How is GDP like a supermarket How is it different from a supermarket 25 Can you think of any other metrics that we could use to measure the health or well being of an economy

Question

17  Is Wikipedia counted in U S  GDP  Why or why not  18 When consumers switch from buying encyclopedias to using Wikipedia, what will happen to U S  GDP  Is that an accurate measure of the economy's well being  19 Recall from earlier lessons  What is the definition of consumer surplus  20 How much would you have to be paid to give up Instagram  How about TikTok  21 If Instagram gained 2 million more accounts this year, would it be reflected in GDP  22 Name one other U S  produced good or service that you derive a lot of consumer surplus from but that good or service is not counted in U S  GDP  23 Given your answers above, what are some weaknesses of GDP as a measure of the economy's well being  24 The video compared GDP to a supermarket  How is GDP like a supermarket  How is it different from a supermarket  25 Can you think of any other metrics that we could use to measure the health or well being of an economy

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17. Is Wikipedia counted in U.S. GDP? Why or why not? 18.When consumers switch from buying encyclopedias to using Wikipedia, what will happen to U.S.

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