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20 February, 05:28

Tom Atoe grows fruits and vegetables for home consumption. This activity is Multiple Choice

1. included in GDP because it reflects production.

2. excluded from GDP in order to avoid double counting.

3. productive but is excluded from GDP because no market transaction occurs.

4. excluded from GDP because an intermediate good is involved.

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Answers (1)
  1. 20 February, 05:40
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    3 productive but is excluded
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