Which of the following will cause GDP to increase? a) I hire my neighbor's teenage son to mow my lawn and he does NOT report it on his taxes as income. b) I clean my house myself. c) My neighbor feeds my dog while I am on vacation as a favor to me. d) None of the choice listed will increase GDP. e) I sell the used minivan I bought 10 years ago for half what I paid for it.

Which of the following will cause GDP to increase? a) I hire my neighbor's teenage son to mow my lawn and he does NOT report it on his taxes as income. b) I clean my house myself. c) My neighbor feeds my dog while I am on vacation as a favor to me. d) None of the choice listed will increase GDP. e) I sell the used minivan I bought 10 years ago for half what I paid for it.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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