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

Question

Responses

It exaggerates the role of health.
It exaggerates the role of health.

It overemphasizes population.
It overemphasizes population.

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

It overlooks economic growth.
It overlooks economic growth.

Answer 1

The correct response is:

It ignores distribution of wealth.

GDP measures the total economic activity within a country but does not account for how wealth is distributed among the population, which can lead to an incomplete understanding of the overall economic well-being of citizens.