52. The value of time spent learning how to prepare your personal income tax return.
53. Growing your own food in a vegetable garden. This is a non-market transaction as it does not include currency changing hands.
QUESTION 52 Which of the following would NOT be included in the GDP accounts? the value...
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....