5) As a measure of income, the GDP should include a) home production b) the value of leisure time c) people's happiness d) people's education.
5) As a measure of income, the GDP should include a) home production b) the value of leisure time c) people's happiness d) people's education.
Chapter5: National Income Accounting
Section: Chapter Questions
Problem 2E
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![5) As a measure of income, the GDP should include
a) home production
b) the value of leisure time
c) people's happiness
d) people's education.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F88c4b6c2-0349-4f41-8a31-91d6830360e2%2F9153f6ed-d78c-4c3a-8699-3bff1fd81a24%2Fvbwbdie_processed.jpeg&w=3840&q=75)
Transcribed Image Text:5) As a measure of income, the GDP should include
a) home production
b) the value of leisure time
c) people's happiness
d) people's education.
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