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If a Farm Family Produces Food for Its Own Consumption

Question 138

Multiple Choice

If a farm family produces food for its own consumption, then _____


A) GDP will be unchanged.
B) GDP will fall by an imputed dollar amount.
C) GDP will rise by an imputed dollar amount.
D) GDP will be unchanged because food is not included.
E) GDP will be unchanged because the value is a small amount.

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