Question
Why qualify the statement about GDP as a summary statistic by including the phrase or seems to? A. As a summary statistic, GDP places too
Why qualify the statement about GDP as a summary statistic by including the phrase "or seems to"?
A. As a summary statistic, GDP places too much emphasis on the negative effects of crime, pollution, or other social problems.
B. As a summary statistic, GDP overlooks some areas of production that take place in an economy.
C. As a summary statistic, GDP tends to focus more on measuring individuals' well-being rather than measuring an economy's total production.
D. As a summary statistic, GDP overstates production by including the value of goods produced illegally.
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