Attempts Average / 2 6. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States? Check all that apply. O Expenditures on federal highways The loss of enjoyment people incur when scenic land is converted to commercial use The variety of goods available to consumers The value produced by doing your own laundry When a U.S. company purchases and imports electronic parts from China to use to produce smartphones within the United States, this purchase increases the component of GDP while also net exports by the same amount. Therefore, the purchase of electronic parts from China causes in US GDP. Grade It Now Save & Continue Continue without saving