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Scenario: Mike's Housekeeper Charges $30 for Mowing His Lawn

Question 90

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Scenario: Mike's housekeeper charges $30 for mowing his lawn.
-Refer to the scenario above.Suppose that besides consuming all the potatoes grown on his farm,Edwin buys 5 pounds of potatoes at $0.80 per pound.What is likely to happen in this case?


A) The $4 spent by Edwin will be included in GDP.
B) The $4 spent by Edwin will be excluded from GDP.
C) The value of Edwin's total output will be included in GDP.
D) The value of Edwin's total output will increase.

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