AP Macroeconomics 2.2: GDP Limitations
Explain what GDP measures and why nonmarket activity and other limitations affect economic performance comparisons.
- Syllabus
- Effective Fall 2025
- Course
- AP Macroeconomics
Explain what GDP measures and why nonmarket activity and other limitations affect economic performance comparisons.
GDP does not fully measure a nation's economic performance because it fails to account for which of the following?
Exports of goods and services
Government spending
Business spending on physical capital
Consumer spending on durable goods
Nonmarket transactions
E