Which of the following is not a problem in comparing developed and developing countries GNP ?

Question

Xaibi Aslam · Accepted Answer

GNP is understated for developed countries, since a number of items included in their national incomes are intermediate goods

Xaibi Aslam · Answer

The economic contribution of a housewife is a peasant family may not be measured is GNP is poor country

Xaibi Aslam · Answer

GNP in understated for developing countries since many of their labor intensive good have no impact on exchange rate since they are not traded

Xaibi Aslam · Answer

GNP is overstated for for countries where the price of foreign exchange is less than market clearing price

Question #49456