1. Incomplete/inadequate information
2. Danger of double counting
3. Changes in prices (price instability)
4. Problem of inclusion, in terms of:
a) Subsistence output/income
b) Intermediate goods
c) Housing i.e. rent on owner-occupiers
d) Public services provided by the government
e) Foreign payments i.e. net income from abroad
f) Illegal activities eg. smuggled output
g) Revaluation of assets
Wilfykil answered the question on February 7, 2019 at 10:38
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