PROFILE ORDERS Attempts Keep the Highest ?2 6. Limitations of GDP ...

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Accounting

PROFILE
ORDERS
Attempts
Keep the Highest ?2
6. Limitations of GDP
RENTALS
Athough GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation.
COURSES
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.
The costs of overfishing and other overly intensive uses of resources
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The value of babysitting services, when the babysitter is paid in cash and the transaction is 't reported to the government
The qua ity of goods avilable to consumers
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Funds spen: by city governments to renovats their buildings
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When a U.S. company purchases and imports automotive parts from, Canada to usa to bu ld cars within the United States, this purchase increases the ( component of GDP while =10 net Exports oy the same amount. Therefore, the purchase of
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automotive parts from Cansda csus=a:
in US GDP.
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