In calculating GDP, household production is
A) not included because there is no market transaction.
B) included as part of consumption.
C) included under employee compensation.
D) ignored because it is not a large amount.
Correct Answer:
Verified
Q252: A country that has a large real
Q253: Which of the following is NOT included
Q254: Which of the following statements about the
Q255: In part, the underground economy exists because
Q256: The underground economy exists for all of
Q258: Which of the following would lead GDP
Q259: Which of the following is NOT included
Q260: Which of the following is NOT a
Q261: The following data are estimates describing
Q262: The following data show Uruguay?s GDP
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents