Multiple Choice
If you make dinner for yourself,
A) the market value of your dinner is added to GDP.
B) only the market value of the ingredients you purchased this year is added to GDP.
C) none of what you bought to prepare for dinner is included in GDP.
D) the difference between the cost of the ingredients you purchased this year and the market value of the dinner is added to GDP.
E) your service in preparing the meal is valued at a cook's wage and added to GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Gross domestic product is defined as the
Q21: According to the income approach to measuring
Q34: Net exports of goods and services are
Q60: Which of the following is included as
Q63: If last year net exports of goods
Q97: To calculate net national product we must<br>A)subtract
Q101: To calculate GDP it is necessary to
Q105: The income approach to measuring GDP is
Q106: The measurement of GDP handles underground production
Q107: If a firm does not sell all