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

Question

Quizplus · Accepted Answer

Real GDP is adjusted for inflation, which makes it hard to accurately measure the introduction of new goods. As new goods are introduced, their prices may change rapidly, making it difficult to accurately measure GDP.

It Is Difficult to Accurately Measure Real GDP Because