An Imputed Payment

question 42

Multiple Choice

An imputed payment

• A)is a payment that is due but not made
• B)is a payment not made through the market and therefore not counted in GDP
• C)refers to nonmarket goods and services being valued as if they were sold on a market
• D)refers to governmental services being valued at the cost of production
• E)refers to consumers imputing a value to the payment

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Definitions:

Shopping

The activity of purchasing goods or services from stores or online platforms.

Paying Bills

The act of settling financial obligations for services or products received, typically on a regular basis.

Activities of Daily Life

Routine tasks and chores that people do every day, such as eating, bathing, dressing, and household work.