Which of the following options are either not accounted for or are measured inaccurately in calculations of GDP for the United States? Check all that apply. A. The variety of goods available to consumers B. Funds spent by state governments to build highways C. The costs of overfishing and other overly intensive uses of resources D. The value of babysitting services, when the babysitter is paid in cash and the transaction isn’t reported to the government E. The parts of a car manufactured in the United States that are produced in Canada

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Although GDP is a reasonably good measure of a nation’s output, it is not an accurate measure of a nation’s well-being.


Which of the following options are either not accounted for or are measured inaccurately in calculations of GDP for the United States? Check all that apply.


A. The variety of goods available to consumers
B. Funds spent by state governments to build highways
C. The costs of overfishing and other overly intensive uses of resources
D. The value of babysitting services, when the babysitter is paid in cash and the transaction isn’t reported to the government
E. The parts of a car manufactured in the United States that are produced in Canada

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