Which of the following is directly accounted for in the calculation of GDP?
A) The value of repairing your own kitchen sink,as measured by the average rates charged by local plumbers.
B) Improvements in quality of life from the reduction of pollution.
C) The value of one hour of leisure as measured by the hourly wage one would otherwise earn by working.
D) Cash earnings from an illegal poker game.
E) None of the above items is accounted for in GDP.
Correct Answer:
Verified
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