GDP is not a perfect measure of well-being; for example, a. GDP excludes the value of volunteer work. b. GDP does not address the distribution of income. c. GDP does not address environmental quality. d. All of the above are correct.

The correct answer is D

Explanation:

GDP stands for or termed as Gross domestic product, which is defined as the  measure in terms of monetary value of all the goods and services manufactured in the particular period of time or time span.

GDP, is not the perfect measure of well being as GDP uses the market prices in order to value the goods and services, it also excludes the value of almost all activities which take place outside the markets.

It omits the goods and services value which is produced at home, exclude the    volunteer work value, not address the environmental quality and also not address the income distribution. Therefore, all the options are correct example.

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