Ahlam grows carrots in her garden for home consumption. This activity is: a. Excluded from GDP because an intermediate good is involved b. Productive but is excluded from GDP because no market transaction takes place. c. None of the above. d. Excluded from GDP to avoid double counting
Ahlam grows carrots in her garden for home consumption. This activity is: a. Excluded from GDP because an intermediate good is involved b. Productive but is excluded from GDP because no market transaction takes place. c. None of the above. d. Excluded from GDP to avoid double counting
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 4P
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