Which of the Following Is Added to Arrive at GDP

question 191

Multiple Choice

Which of the following is added to arrive at GDP? ​

• A) ​ The value of "free" household services provided by at home spouses rather than a paid cook, maid, and baby sitter.
• B) ​ The value of unpaid volunteer time.
• C) ​The unpaid services provided by the natural environment, such as breathable air.
• D) ​Net exports.

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Definitions:

Sales Commissions

Payments made to sales employees or agents based on the value or volume of sales they generate.

Selling Expenses

Incurred costs associated with the marketing and sale of a product or service, such as advertising, sales commissions, and promotional materials.

Advertising Expenses

Costs incurred in promoting products or services to potential customers through various media channels.

Budgeted Production

An estimate of the quantity of goods or services that a company plans to produce within a specified period.