Question

Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States
Federal government paychecks to soldiers
The costs of air and water pollution
The quality of goods available to consumers
The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government

Answer 1

3 scenarios are applicable :

The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

The quality of goods available to consumers

Federal government paychecks to soldiers

Explanation:

GDP is not known things outside the books like babysitting, which, but do not disclose to the government, add value to society. The satisfaction perception of households as a function of the wide range of products available to customers is not taken into account.

At last, the disappointment of pleasure people incurred by land converts into business applications are not known by GDP. All of that would be even more hard to measure correctly, although significant when determining the true standard of living in one region.

Soldiers are paid by federal government inspections in GDP when government transactions are taken into account.