In Calculating GDP, Household Production Is

question 311

Multiple Choice

In calculating GDP, household production is

• A) included as part of consumption.
• B) ignored because it is not a large amount.
• C) not included because there is no market transaction.
• D) included under employee compensation.

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Definitions:

Plant Cell

The basic structural and functional unit of plants, characterized by a cell wall, chloroplasts, and a large central vacuole.

Peptidoglycan

A complex polymer that forms a mesh-like layer outside the plasma membrane of most bacteria, providing structural support and shape.

Plasma Membrane

A thin, flexible barrier that surrounds a cell, regulating the movement of substances in and out of the cell.

Ribosomes

Ribosomes are cellular structures that synthesize proteins from amino acids during the process of translation, found in both prokaryotic and eukaryotic cells.