SBRAM: 16SP-ECON-107 -DEOID GOP data that has NOT had the effects of infation re

Question

SBRAM: 16SP-ECON-107 -DEOID GOP data that has NOT had the effects of infation removed current output measured at urrent prices. he value of the domestic output after adjustments have been made for environmental polution and changes in the distribution of income Question 8 012 Which of the following statements is NOT correct? Improved product quality is not always reflected in GDP Social security benefits are counted in Nationa Inoome accounting because Unreported income eamed in the underproune coonony s not aocount Doing werk on your own home is consdered to e anonmet rensaco they represent income to the reoipients ed for in National Income Accounting and is not accounted for in National income Accounting anmmaie Doing work on your owrn bome s consdened on your cuen home is o 0/2 pts Question 9

Explanation / Answer

8) C

14)D

18)C

19) B

20) B

25) C

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