1. 6. Suppose that you buy a bread-making machine, flour, and other foodstuffs, take them home, and...
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1. 6. Suppose that you buy a bread-making machine, flour, and other foodstuffs, take them home, and bake bread with a group of young children who are in your care (unpaid). How would these activities be accounted for in current GDP accounting? How might they be accounted for in an expanded account that includes household production?
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Macroeconomics In Context: A European Perspective
ISBN: 125382
1st Edition
Authors: Sebastian Dullien, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras
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