It is difficult to accurately measure real GDP because
A)it cannot take into account changes in government policy over time.
B)it does not include money transfers.
C)it does not take into account intermediate goods.
D)it does not accurately take into account the introduction of new goods.
E)it does not include taxes.

Question

Quizplus · Accepted Answer

Real GDP does not accurately take into account the introduction of new goods, which can change the overall productivity of an economy. This is because it is difficult to accurately determine the value of new goods and how they should be included in the calculation of GDP.

It Is Difficult to Accurately Measure Real GDP Because