Multiple Choice
Scenario: John and Sue are married and live in the United States. John is a Canadian citizen and stays home with their two children, Micah and Madison; his caretaking is valued at $20,000 per child. He also programs video games from home in the evenings for a Japanese-based online poker site for $50,000 per year. Sue works as a high-powered lawyer for Berkshire Hathaway at their London branch for the U.S. dollar equivalent of $1,00,000 per year.
-Refer to the above scenario.Accounting for non-market based economic production,how much does John contribute to U.S.GDP?
A) $0
B) $40,000
C) $1,000,000
D) $1,040,000
Correct Answer:

Verified
Correct Answer:
Verified
Q5: The country described in the table below
Q6: What percentage of U.S.GDP is typically made
Q7: _ will lead to a decrease in
Q8: Machinery used in a factory is a(n)_
Q9: What is necessary for an economic downturn
Q11: The table below contains data for a
Q12: _ is the total value of final
Q13: The prices of final goods and services
Q14: The following table provides data for the
Q15: The country described in the table below