1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inga [223]
3 years ago
7

In what way does gdp not give an accurate representation of standard of living

Social Studies
1 answer:
ycow [4]3 years ago
5 0
<span>There are several shortcomings of using GDP as a way to measure standard of living. Real GDP doesn’t acknowledge the total amount of unpaid labor. The value of housework, child care, elder care, volunteer work, and community service cannot be factored into GDP. These forms of labor are unpaid, even though they have significant influence on the standard of living.</span>
You might be interested in
PLZ HELP I GIVE BRAINLIEST in the above diagram, the demand for Pepper is an example of price______ A-elasticity
Bas_tet [7]

Answer:

elasticity

Explanation:

hope \: it \: helps

mark as brainliest

7 0
3 years ago
Plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzhelppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp
lyudmila [28]

Answer:

STudy

Explanation:

5 0
3 years ago
When did most nations in Southeast Asia gain independence from European powers?
dybincka [34]

Answer:

B - during the Japanese occupation

Explanation:

Most nations in Southease Asia gained their independence between 1945 and 1960, which was during the Japanese occupation which began in 1942.

4 0
4 years ago
Read 2 more answers
Today what form of government does Egypt have
faltersainse [42]
The type of government is Republicanism 

Hope this helped <3
3 0
4 years ago
The two major types of transactions that affect the international flow of money are? A. supply and demand.
Sergeeva-Olga [200]

The two major types of transactions that affect the international flow of money are trade in goods and services and capital flows.

Answer: Option D

<u>Explanation: </u>

Out of all data on international economic transaction in the US, capital flow indicators are most prone to misleads and gaps. It is the exchange in financial assets between US and foreign residents.

Over the past ten years, capital flows have even exceeded trade flows. Information on this is largely needed to study the degree of US economy's internationalisation as below,

  • Changing financial markets process in America
  • Impact of foreign direct investments on the internal economy
  • Foreign investment income in the US and net foreign debt service tax in the US
  • The relationship between foreign capital flows and US interest and exchange rate.

Since net capital flows must be consistent with the balance of transactions and transfers (check account) for international goods and services, better information on cash flows would help explain the accuracy of US check account data.

8 0
4 years ago
Other questions:
  • 5. Which of the following statements best describes Wilson's goals with his New Freedom plan?
    5·1 answer
  • A server's permit is revoked after serving alcohol to an underage guest.
    10·1 answer
  • During the 1980s and early 1990s, over 1,000 __________ failed, causing a financial crisis.
    12·2 answers
  • The Food Code regulates food establishments at the state level by:
    11·1 answer
  • Belief in many gods is called?
    6·1 answer
  • Greece's economy prospered thanks to
    14·1 answer
  • Kina is a 17-year-old young woman. Her parents describe her as sweet, kind, and responsible. They say she is this way because th
    10·2 answers
  • The forced removal of a president from office through impeachment and conviction requires action by the
    11·1 answer
  • Based on the article, why have immigrants been important for the United States? A because they have done jobs needed in the coun
    12·1 answer
  • Understand the nature of water conditions on earth​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!