Which of the following would definitely not be included in the measurement of GDP?
A) value of the services of a painter who paints your garage
B) value of the services of a person who mows his or her own lawn
C) value of the services of a maid who cleans your house
D) value of the services of a plumber who fixes your kitchen sink
Correct Answer:
Verified
Q19: Purchases of new residential housing are considered
Q20: Some economists argue that GDP overstates overall
Q21: In the definition of GDP,the words "total
Q22: Which of the following items is a
Q23: The interest income received by U.S.households and
Q25: Underground activities are not counted in GDP
Q26: Which of the following is counted in
Q27: Which of the following statements is false?
A)
Q28: The best reason economists take only final
Q29: To macroeconomists,investment is mainly the purchases of
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