Which of these are not accurately accounted for by either the income or expenditure methods of calculating GDP for the United States?
a. The Brazilian wood that is used for flooring an American house.
b. The value of leisure time.
c. The loss of enjoyment people incur when scenic land is converted to commercial use
d. Funds spent by city governments to renovate their buildings
e. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government
Is the answer b, c, and e? or is a included also?
2 answers
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B,C,E
1 answer