Question
In rural areas in developing countries women often do unpaid work on traditional activities.Why might this mean that the GDP is not a good measure
In rural areas in developing countries women often do unpaid work on traditional activities.Why might this mean that the GDP is not a good measure of the standard of living in thosecountries?
A The GDP does not include international trade.
B The GDP only refers to companies in urban areas.
C The work is not counted in GDP statistics.
D The work is not economically important.
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ANSWER B The GDP only refers to companies in urban areas GDP measures the monetary value of final go...
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Macroeconomics
Authors: David Colander
8th edition
978-0078004407, 78004403, 978-0077247171, 77247175, 978-0077307110
