ReveenatheRaven9089 ReveenatheRaven9089

11-03-2024
Business

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Which of the following are true statements about GDP
a. Eggs used to make a cake for personal use are considered an intermediate good for GDP purposes
b. Eggs used to make a cake for sale in a business are considered intermediate goods.
c. Jack pays a tutoring service to teach his kid algebra that is included in GDP
d. Jack pays a neighbor kid $20 to mow his yard, this is not included in GDP
e. The value of Jack teaching his kid algebra is not included in GDP

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