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xhtml?nbld 616461&nbNodeld; 2262400078ideploymentld 48700721864062499988644270else Apps "Suggested Stes CCPS Flth Grade Social St. Arimaland Rant Cel a) 2017-1BCakrdead Mom to 2 P MINDTAP Aplia Homework: Macroeconomic Measurements, Part II:GDP and Real GDP Due Today at 11 59PMEDT Back to Assignment Attempts: Average: 11 2. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nabon. which of the following scenarlos 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 leisure time entered by Americans Ths lus of beb-t coana Funds spent by city governments to renovate their buildings The costs of air and water pollution The components of an MP3 player that are produced in China Continue wimout savngExplanation / Answer
1) The leisure time enjoyed by Americans
2) The cost of air and water pollution
3) The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
4) Funds spent by city governments to renovate their building.
All these items are not taken into account or measured inaccurately while calculating GDP of a nation.
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