Don is a builder and in his free time he has built an addition to his own house. This transaction will:
A) not be included in GDP because it is not produced for the marketplace.
B) be included in GDP because Don is a professional builder.
C) not be included in GDP because it is an intermediate good.
D) be included in GDP because building is Don's hobby.
Correct Answer:
Verified
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A) a new computer
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Q78: Gross domestic product is defined as:
A) consumer
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Q82: Use the following to answer question 93:
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Q84: Which example illustrates an intermediate good?
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Q86: An intermediate good would be:
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