Which of the following is a limitation of using gross domestic product (GDP) to measure economic development?(1 point)

Question

Responses

It overemphasizes population.
It overemphasizes population.

It ignores distribution of wealth.
It ignores distribution of wealth.

It overlooks economic growth.
It overlooks economic growth.

It exaggerates the role of health.

Answer 1

The correct response is:

It ignores distribution of wealth.

GDP measures the total economic output of a country but does not account for how wealth is distributed among its population, which can be a significant factor in understanding economic development and the well-being of a society.