Household Production,such as Baking Bread at Home,is Not Included in GDP

question 130

Multiple Choice

Household production,such as baking bread at home,is not included in GDP because it

• A)has better quality than the bread in the store.
• B)has lower quality than the bread in the store.
• C)does not add anything of value to GDP.
• D)does not involve a market transaction.
• E)is not really production.

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