Inaccurate measure of the true level of economic activity

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Reference no: EM13735281

One major reason that GDP is an inaccurate measure of the true level of economic activity is that

a. people frequently buy things they do not want.

b. it is statistically very inaccurate.

c. it does not include non-market activities.

d. it cannot be adjusted for changes in prices.

e. it includes net exports.

Reference no: EM13735281

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