Solved

If a Farm Family Produces Food for Its Own Consumption

Question 120

Multiple Choice

If a farm family produces food for its own consumption, then _____


A) GDP will be unchanged.
B) GDP will fall by an imputed dollar amount.
C) GDP will rise by an imputed dollar amount.
D) GDP will be unchanged because food is not included.
E) GDP will be unchanged because the value is a small amount.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents