1. Which of the following activities is excluded from GDP, causing GDP to understate a nation's well-being?

1. The services of health care workers
2. The services of military personnel
3. The construction of new buildings
4. Goods and services produced in the underground economy.

2. Which one of the following need NOT be accounted for when using National Income to measure the average standard of living?

1. The number of new supermarkets opened.
2. An increase in the size of the middle-income groups
3. An increase in pollution
4. The value of leisure time as measured by the average length of the working week