The Value of the Housing Services Provided by the Economy's

question 112

Multiple Choice

The value of the housing services provided by the economy's owner-occupied houses is

• A)included in GDP,and the estimated rental values of the houses are used to place a value on these housing services.
• B)included in GDP,and the actual mortgage payments made on the houses are used to estimate the value of these rental services.
• C)excluded from GDP since these services are not sold in any market.
• D)excluded from GDP since the value of these housing services cannot be estimated with any degree of precision.

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Definitions:

Paid-in Capital

The amount of capital "paid in" by investors during common or preferred stock issuances, including the par value of the shares and amounts over par value.

Stock Dividend

A dividend payment to shareholders in the form of additional shares in the company, rather than cash.

Cash Dividend

A disbursement by a company to its shareholders, often from the profits earned.

Stock Dividend

A distribution of additional shares of a company's stock to its shareholders, usually in proportion to their existing holdings, instead of paying a cash dividend.