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snowga snowga
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A year ago
Scenario: John and Sue are married and live in the United States. John is a Canadian citizen and stays home with their two children, Micah and Madison; his caretaking is valued at $20,000 per child. He also programs video games from home in the evenings for a Japanese-based online poker site for $50,000 per year. Sue works as a high-powered lawyer for Berkshire Hathaway at their London branch for the U.S. dollar equivalent of $1,000,000 per year.


Refer to the above scenario. Accounting for non-market based economic production, how much does John contribute to U.S. GDP?

▸ $0

▸ $40,000

▸ $1,000,000

▸ $1,040,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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abu-jahdoabu-jahdo
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A year ago
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snowga Author
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A year ago
Brilliant ツ
acaruso
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This helped my grade so much Perfect
fxinternational
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2 hours ago
Helped a lot
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