Recall the Application about the link between happiness and GDP to answer the following question(s). Comparing changes in happiness to changes in per capita income over the last 30 years, economists at Dartmouth College and Warwick University have measured levels of happiness in the United States and United Kingdom based on income levels, ethnicity, age, and gender.
-GDP calculations tend to exclude all of the following EXCEPT

Question

Quizplus · Accepted Answer

GDP calculations include salaries paid to government employees as part of the government consumption component, while they typically exclude illegal transactions, environmental quality, and unpaid work done at home.

Recall the Application About the Link Between Happiness and GDP