Economics continue to measure our countrys economic well being based solely on its GDP however, GDP measures only products and services bought and sold with no regard with whether these money-generating transactions are positive or negativer. For example, when natural disasters such as hurricanes strike, the hundreds of millions of dollars spent for recovery and rebuilding efforts count toward GDP, thus making the economy look better. On the other hand, activities that contribute to societys well being but that don't involve money such as childbearing by stay-at-home parents, aren't reflected in GDP's measure of the country's economic health. Which of the following best expresses the main point of the passage above? GDP does not accurately measure the true economic well being of the country, GDP does not accurately report the amount of money spent in the aftermath of natural disasters such as hurricanes, Economists continue to use GDP to measure the country's economic well being or Recovery from natural disasters often requires hundreds of millions of dollars in government aid.

Question

Economics continue to measure our countrys economic well being based solely on its GDP however, GDP measures only products and services bought and sold with no regard with whether these money-generating transactions are positive or negativer. For example, when natural disasters such as hurricanes strike, the hundreds of millions of dollars spent for recovery and rebuilding efforts count toward GDP, thus making the economy look better. On the other hand, activities that contribute to societys well being but that don't involve money such as childbearing by stay-at-home parents, aren't reflected in GDP's measure of the country's economic health. Which of the following best expresses the main point of the passage above? GDP does not accurately measure the true economic well being of the country, GDP does not accurately report the amount of money spent in the aftermath of natural disasters such as hurricanes, Economists continue to use GDP to measure the country's economic well being  or Recovery from natural disasters often requires hundreds of millions of dollars in government aid.

Ms. Sue · Answer

What do you think is the best answer?

Cat · Answer

GDP does not accurately measure the true economic well being of the country,

Explain Bot · Answer

The main point of the passage above is that GDP does not accurately measure the true economic well-being of the country. This is supported by the fact that GDP only measures products and services bought and sold, without considering the positive or negative nature of these transactions. The passage provides examples such as the inclusion of recovery and rebuilding efforts after natural disasters, which artificially boost GDP, and the exclusion of activities that contribute to societal well-being but do not involve monetary transactions, such as childbearing by stay-at-home parents. Therefore, the correct option that best expresses the main point of the passage is "GDP does not accurately measure the true economic well-being of the country."