GDP does NOT exclude:
A) the value of leisure.
B) damage to the environment.
C) the value of housework.
D) the value of owner-occupied housing.

Name: GDP does NOT exclude: A) the value of leisure. B) damage to the environment. C) the value of housework. D) the value of owner-occupied housing.
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Question

Quizplus · Accepted Answer

GDP includes the value of owner-occupied housing, so choice D is not excluded. However, choices A, B, and C are all excluded from GDP as they do not represent market transactions.

GDP Does NOT Exclude