When computing gross domestic product, government services are valued at the
A)price consumers pay for them.
B)value of the resources used to produce them.
C)value of comparable outputs from the private sector.
D)value of taxes collected from consumers.

Question

Quizplus · Accepted Answer

Government services are valued at the cost of the resources (such as labor and materials) used to produce them, since there is often no market price for these services.

When Computing Gross Domestic Product, Government Services Are Valued at the