Examlex
Identify at least four transactions and other variables, which are not included in the GDP.
Apples
A sweet, edible fruit produced by an apple tree, typically round in shape and available in many varieties.
Quasi-Rents
Earnings generated from a leased asset over and above the economic cost of utilizing the asset, often temporary due to market circumstances.
Production Functions
Mathematical equations that describe the relationship between input and output quantities in the production process.
Labor
The investment of human strength and thought in the process of producing goods and services.
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