Which of the following is not included in GDP?
A)Unpaid maintenance of your house by your spouse.
B)Services such as those provided by lawyers and dentists.
C)The estimated rental (imputed)value of owner-occupied housing.
D)Production by foreign citizens in the U.S.

Question

Quizplus · Accepted Answer

Unpaid maintenance by your spouse is not a market transaction and therefore not considered as a part of GDP. GDP only includes market transactions, which means the exchange of goods and services for money.

Which of the Following Is Not Included in GDP