Question
In determining the GDP the following are included except for:
A. Total consumer expenditure
B. The valued of finished goods
C. Wage for a babysitter
D. Government expenditure
A. Total consumer expenditure
B. The valued of finished goods
C. Wage for a babysitter
D. Government expenditure
Answers
GPT 3.5
C. Wage for a babysitter
While wages for certain services such as childcare may be included in the GDP calculation, the wage for a babysitter specifically would not typically be included as it is considered to be an informal or off-the-books transaction.
While wages for certain services such as childcare may be included in the GDP calculation, the wage for a babysitter specifically would not typically be included as it is considered to be an informal or off-the-books transaction.
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