Business, 11.11.2020 18:50, Jxsolvez

Which statement supports why GDP is a good indicator of economic growth? A
GDP excludes non-market transactions.
B)
GDP does not include the degree of income inequality in society.
C)
GDP treats replacement capital the same as the creation of new capital.
D)
GDP quantifies the production of goods and services and accurately
indicates the size of the economy.

Answers: 2

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Which statement supports why GDP is a good indicator of economic growth? A
GDP excludes non-m...