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Question 162

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Answer the questions below:
(A)If a parent has to take the afternoon off from work to pick up his or her children from school and transport them to a friend's house, what happens to GDP?
(B)If the parent hires a nanny to pick the children up and transport them to a friend's house, what will happen to GDP?
(C)Are your answers to (A) and (B) the same? Explain.

Correct Answer:

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(A)GDP will not increase because child t...

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