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United StatesEconomicsQuick questions
Unit 2: Economic Indicators and the Business Cycle
Quick questions on Limitations of GDP - AP Macroeconomics Topic 2.2
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Explain why unpaid household work is excluded from GDP and what this implies for comparisons. [2 points]
What is q2?Show answer
State why GDP per capita is preferred to total GDP for comparing living standards. [1 point]
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