Question 853 gross domestic product
Which form of production is included in the Gross Domestic Product (GDP) reported by the government statistics agency?
(a) Home-production such as Grandma babysitting her grand-children for free.
(b) Production in the under-ground economy such as work paid for in cash to evade the tax authorities.
(c) Production in the wild, such as when kangaroos multiply in the bush.
(d) Goods produced and exchanged in the barter economy that are not reported to the tax authorities.
(e) Inventory build-up such as goods produced in a factory that were sold to a wholesaler but have not yet been sold to a retailer or consumer.