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Please answer correct explain plz asap plz both are questions please answer Don't answer by pen paper plz 6. Limitations of GDP Although GDP is
Please answer correct explain plz asap plz both are questions please answer
Don't answer by pen paper plz
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. C] The import and sale of illegal drugs from South America [3 Expenditures on federal highways C] The loss of enjoyment people incur when scenic land is converted to commercial use C] The variety of goods available to consumers When a U.S. company purchases and imports wood from Brazil to use to build new houses within the United States, this purchase increases the V component of GDP while also V net exports by the same amount. Therefore, the purchase of wood from Brazil causes Y in US GDPStep by Step Solution
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