Imputed values included in GDP are the:
A) market prices of goods and services.
B) estimated value of goods and services that are not sold in the marketplace.
C) price of goods and services measured in constant prices.
D) price of goods and services measured in current prices.

Question

Quizplus · Accepted Answer

Imputed values in GDP refer to the estimated value of goods and services that are not sold in the marketplace, such as owner-occupied housing and goods and services produced for own consumption. These values are included in the calculation of GDP to provide a more complete picture of economic activity.

Imputed Values Included in GDP Are The