Multiple Choice
GDP handles household production by
A) including it in real GDP but not in nominal GDP because there are no prices paid for the work.
B) estimating a dollar value of the goods purchased to do housework.
C) ignoring it.
D) estimating a dollar value of the services provided.
E) including it in exactly the same way that all other production is included.
Correct Answer:

Verified
Correct Answer:
Verified
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