Thinking only about the economic sphere (not social or environmental), check all

Question

Thinking only about the economic sphere (not social or environmental), check all the reasons that GDP fails to adequately measure the value of output produced in an economy. GDP includes "inventories," which are items that have been produced during the year but haven't been sold GDP offers information on the level of output, but not on how the output is divided among the citizens (inequality) GDP does not measure leisure time. GDP includes only production that is exchanged in the market but not production that isn't exchanged in markets (like cooking a meal at home) GDP includes spending on "bads" such as oil spills. GDP does not account for the destruction of non-renewable resources GDP does not include the value of intermediary goods and services, only final goods and services GDP does not include goods and service produced illegally, or in the underground market.

Explanation / Answer

Following are the reasons GDP fails to measure the output produced in economy:

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