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18.The value of which work is added inthe calculation of GDP? *Housewives' worksO (b) A teacher teaching his own childO (c) The value of resale of old sharesO(d) Construction of new house by anartisan​

Answer»

The work added will be (d) Construction of new house by an  artisan​

  • The term GDP stands for Gross DOMESTIC PRODUCT.
  • It's the AGGREGATE financial price of the final commodities manufactured within a nation over a GIVEN time frame.
  • The construction of a building takes into ACCOUNT all the resources utilised for it.
  • As it is a new manufacturing work in the economy, the expense of the building of a house will be included in the GDP estimate.


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