Which transaction would be included in the national income and product accounts?
A) A community group prepares a meal for the homeless on Thanksgiving Day.
B) John pays Maria in cash for tutoring him in economics, but Maria does not report this income.
C) Residents of a city can take home the vegetables they grow in a community garden in exchange for working in the garden.
D) Jaslyn is paid for her work as coordinator at a women's shelter.

Question

Quizplus · Accepted Answer

Only option D involves a monetary transaction in which Jaslyn is paid for her work, which would be included in the national income and product accounts. Options A and C involve non-market activities and option B involves unreported income, which would not be included in the accounts.

Which Transaction Would Be Included in the National Income and Product