Solved

Which of the Following Is Directly Accounted for in the Calculation

Question 76

Multiple Choice

Which of the following is directly accounted for in the calculation of GDP?


A) the value of one hour of leisure as measured by the hourly wage one would otherwise earn by working
B) the value of repairing your own kitchen sink as measured by the average rates charged by local plumbers
C) cash earnings from an illegal poker game
D) improvements in quality of life from the reduction of pollution
E) None of the above items is accounted for in GDP.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions