The value of unpaid childcare services provided by a stay-at-home dad ________ included in GDP and the value of daycare services purchased from a licenced childcare provider _______ included in GDP.
A) is;is not
B) is;is
C) is not;is not
D) is not;is
E) is sometimes;is

Question

Quizplus · Accepted Answer

The value of unpaid childcare services provided by a stay-at-home dad is not included in GDP because GDP only considers the value of goods and services that are exchanged in the marketplace. However, the value of daycare services purchased from a licensed childcare provider is included in GDP because it represents a monetary transaction in the market. Therefore, the correct answer is D.

The Value of Unpaid Childcare Services Provided by a Stay-At-Home