All else equal, compared with other countries, an economy with a higher proportion of stay-at-home parents would have:
A) a higher level of GDP.
B) a lower level of GDP
C) about the same level of GDP.
D) None of these are true.

Question

Quizplus · Accepted Answer

Stay-at-home parents do not participate in the formal economy, which can reduce the overall level of GDP as their work is not counted towards the country's output.

All Else Equal, Compared with Other Countries, an Economy with a Higher