Which value is an example of a nonmarket transaction NOT included in the national income and product accounts?
A) mowing your own lawn
B) your lawn service
C) a meal at a restaurant
D) taking your car to a carwash

Question

Quizplus · Accepted Answer

Mowing your own lawn is an example of a nonmarket transaction that is not included in the national income and product accounts because it is considered an intermediate good produced and consumed by the same person.

Which Value Is an Example of a Nonmarket Transaction NOT