How Is the Value of Housing Services Included in GDP

question 141

Multiple Choice

How is the value of housing services included in GDP?  

• A) It is valued as the annual depreciation of the house. 
• B) It is valued as the mortgage payment made on the house. 
• C) It is based on the purchase price of the house in the year it is sold. 
• D) It is based on an estimate of rental value.

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