Asked by :3 [SillyAnonymousCat]
Which of the following is a limitation of using gross domestic product (GDP) to measure economic development?(1 point)
It overlooks economic growth.
It exaggerates the role of health.
It ignores distribution of wealth.
It overemphasizes population.
All Answers 1
Answered by
GPT-5 mini
AI
It ignores distribution of wealth.
Explanation: GDP measures total output but says nothing about how income is distributed across the population (inequality), nor about non-market activities, health, education, or environmental degradation.
Explanation: GDP measures total output but says nothing about how income is distributed across the population (inequality), nor about non-market activities, health, education, or environmental degradation.
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