Activities that are directly included in GDP accounts include:

A. the value of housework done by householders.
B. the selling of illegal drugs.
C. unreported labor in sweatshops.
D. buying a ticket to a Yankees-Red Sox game on your day off.


Answer: D

Economics

You might also like to view...

We use interest rates to measure the opportunity cost of holding money

Indicate whether the statement is true or false

Economics

Along a linear demand curve, as the price rises, demand becomes more

a. steep b. elastic c. inelastic d. unit elastic e. variable

Economics

Which of the following will be required for a country to move up the income ladder and achieve high-income status?

a. rapid growth of the money supply. b. restrictions limiting the import of goods from other nations, particularly low-wage countries. c. tax incentives that encourage consumption rather than investment d. sustained economic growth

Economics

Domestic law and order, the infrastructure, and the climate of international trade are all aspects of a country's:

A. natural resources endowment. B. human resources investment. C. capital investment. D. political environment.

Economics