If you make dinner for yourself,
A)the market value of your dinner is added to GDP.
B)your service in preparing the meal is valued at a cook's wage and added to GDP.
C)none of what you bought to prepare for dinner is included in GDP.
D)only the market value of ingredients that you purchased this year is added to GDP.
E)the difference between the cost of the ingredients that you purchased this year and the market value of the dinner is added to GDP.

Question

Quizplus · Accepted Answer

Only the market value of ingredients purchased this year is included in GDP, as GDP measures the value of goods and services produced within a country. Personal labor, like cooking for oneself, is not included.

If You Make Dinner for Yourself