Post Utme Coal City University 2022 Commerce Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2022 Commerce Objective / Multiple Choice
Question 21 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • COMMERCE • objective

The concept of 'Gross Domestic Product' (GDP) is used to measure the total value of all final goods and services produced within a country's borders. However, GDP has its limitations. Which of the following is NOT a limitation of GDP?

Answer Options

A. GDP does not account for income inequality
B. GDP does not account for the value of unpaid household work
C. GDP does not account for the value of environmental degradation
Correct Answer D. GDP does not account for the value of national defense
Correct Answer
D
Correct Option:
GDP does not account for the value of national defense

About This Question

This is Post Utme Coal City University 2022 Commerce Question 21. It is one of the objective questions from the 2022 Post Utme Coal City University Commerce examination.

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