By How Much Does GDP Change Between 2014 and 2015

question 62

Multiple Choice

By how much does GDP change between 2014 and 2015 in the following scenario? In 2014, a rich woman has a chef and pays him $50,000 to cook for her. In 2015, she marries the chef and he continues to cook.

• A) GDP rises by $50,000.
• B) GDP is unchanged.
• C) GDP falls by $50,000.
• D) GDP rises by $25,000.
• E) Not enough information is given.

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