The value of unpaid childcare services provided by a stay-at-home dad ________ included in GDP; the value of daycare services purchased from a licensed childcare provider ________ included in GDP.
A) is; is not
B) is; is
C) is not; is not
D) is not; is
Correct Answer:
Verified
Q2: Suppose that the total production of an
Q3: The market value of final goods and
Q4: The most commonly used measure of an
Q5: If an economy produces 3 million oranges
Q6: The greater demand for paid childcare services
Q8: National defense services provided by the military
Q9: A drawback of using market values to
Q10: When economists use market values to aggregate
Q11: If total output is calculated by adding
Q12: Gross domestic product (GDP)equals the _ of
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