Post Utme Nile University 2019 Economics Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Nile University Economics examination.

Post Utme Nile University 2019 Economics Objective / Multiple Choice
Question 11 POST_UTME_NILE_UNIVERSITY • 2019 • ECONOMICS • objective

A country's GDP is calculated as the sum of all final goods and services produced within its borders. However, this measure does not account for the value of unpaid household work, such as childcare and household chores. Which of the following is a limitation of GDP as a measure of a nation's economic activity?

Answer Options

A. It does not account for the value of imports.
B. It does not account for the value of exports.
Correct Answer C. It does not account for the value of unpaid household work.
D. It does not account for the value of government sp\ending.
Correct Answer
C
Correct Option:
It does not account for the value of unpaid household work.

About This Question

This is Post Utme Nile University 2019 Economics Question 11. It is one of the objective questions from the 2019 Post Utme Nile University Economics examination.

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