GDP is designed to assess the production of goods in a market economy by output. However, it is not efficient in accounting for public and private services that without output that are easily countable by the number of units produced. GDP is not also well suited in measuring improvements in the diversity and quality of goods and
services. It is also poor in estimating the depletion of resources. Finally, it doesn't also reflect the degradation
of the environment involved in the production process.
Answer:
demographic trends
Explanation:
Demographic trends cover statistics such as age, gender, religion and socioeconomic class.
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Answer:
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Trade will benefit countries when it generates gold and silver for the national treasury.
