Which of the following is not likely to be considered part of economic activity?
A) Purchasing a new automobile.
B) Working in a clothing store.
C) Making pancakes for breakfast (and eating them yourself).
D) Renting an apartment.

Question

Quizplus · Accepted Answer

Economic activities are actions that involve the production, distribution, and consumption of goods and services at all levels within a society. Making pancakes for breakfast and eating them yourself is considered a personal, non-market activity because it does not involve any market transaction or contribute to the economy's market production.

Which of the Following Is Not Likely to Be Considered