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If a homeowner cuts his or her lawn, is the value of this work included in real GDP? Suppose that the homeowner hires a neighbourhood
- If a homeowner cuts his or her lawn, is the value of this work included in real GDP? Suppose that the homeowner hires a neighbourhood student to cut the lawn. Is this activity included in real GDP? Comment on your answers.
- Suppose you have just paid your bus fare. A friend in a car pulls up and offers you a ride. Explain how you would decide between staying on the bus or taking the ride, and the influence of the paid fare on your choice.
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Econometric Evaluation Of Socio-Economic Programs Theory And Applications
Authors: Giovanni Cerulli
1st Edition
3662464055, 9783662464052
