Which of the following limitations of GDP tend to overstate the measurement of standard of living (make our standard of living seem higher than they really are)? Responses The value of non market transactions are not included in the GDP. The value of non market transactions are not included in the GDP. Inequalities in the distribution of income are not reflected in the GDP. Inequalities in the distribution of income are not reflected in the GDP. The value of leisure is not included in the calculations for GDP