A shortcoming of national income accounting is that it ignores:

A) the depreciation of manufactured capital.
B) spending by poor households who are receiving government transfer payments.
C) spending on intermediate goods.
D) the depletion of natural resources.
E) U.S.products that are sold overseas.

National Income Accounting

A system of accounts that countries use to measure the overall economic activity and the total income of their citizens.

Natural Resources

Raw materials and resources provided by nature without human intervention, crucial for economic production, such as minerals, forests, and water.