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How is household production treated or handled in the measurement of GDP? a.The government estimates its size and adds the estimate to the measure of
- How is household production treated or handled in the measurement of GDP?
- a.The government estimates its size and adds the estimate to the measure of GDP
- b.It is not estimated or counted
- c.It is measured just like any other economic activity
- d.The U.S. relies on the honor system of self-reporting to obtain an accurate measure of household production
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Authors: Jeffrey F Beatty, Susan S Samuelson
3rd Edition
0324537115, 9780324537116
