Which one of the following is taken into account by GDP?
A. Custom lawn care services
B. Household production
C. Leisure time
D. Illegal production
A. Custom lawn care services
You might also like to view...
What is the interaction between the Federal Reserve districts and the Board of Governors of the Federal Reserve System?
What will be an ideal response?
Under British rule, colonists were considered British subjects and had most of the same rights of British citizens
Indicate whether the statement is true or false
A production possibilities curve is negatively sloped because: a. the price of a good falls as you move down along the curve
b. resources are wasted as you move along the curve. c. it is not possible to adjust production decisions at all once an economy operates on the curve. d. once on the frontier, it is only possible to increase production of one good by reducing production of the other.
The supply of workers in an industry is influenced by the available working population and the nonmonetary attractiveness of the job
a. True b. False Indicate whether the statement is true or false