Estimates of the Values of Which of the Following Non-Market

question 2

Multiple Choice

Estimates of the values of which of the following non-market goods or services are included in GDP?

• A)unpaid housework but not the rental value of owner-occupied homes.
• B)the rental value of owner-occupied homes but not unpaid housework.
• C)unpaid housework and the rental value of owner-occupied homes.
• D)Neither unpaid housework nor the rental value of owner-occupied homes.

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Definitions:

Profile

A description or analysis of something that presents its key characteristics or qualities.

Headwaters

The location or general area where a stream or river begins.

Perennial

Describes plants that live for more than two years or streams that flow continuously throughout the year.

Gradient

A rate of inclination or slope, or the rate at which a physical quantity changes with respect to change in another quantity.