JAMB Economics 2018 Objective — Question 9
Question 9 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2018 Objective paper, with the correct answer and a full explanation.
Advertisement
GNP is not a good measure of social welfare because they are unrecorded
- A. Social services
- B. Economic servicesCorrect
- C. Accounting services
- D. Engineering services
Explanation
Many economic services (e.g. unpaid housework) are not captured in GNP, making it an imperfect measure of social welfare.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.