Answer to Question #220436 in Macroeconomics for Parinthapa

Question #220436

Is it justifiable to exclude homemakers’ value creation from national income?

Expert's answer

It justifiable to exclude homemakers’ value creation from national income because it is difficult to estimate the market value of such services.

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Explain the impact of expansionary fiscal policy on IS curve.
2. YEAR 1 (R-Billion) YEAR 2 (R-Billion) Investment 200 220 Saving 180 190 Export 100 110 Imports
3. On the x-axis of the graph , are the numbers representing millions or billions?
4. in which case is market failure occuring a) consumers determining what is produced. b) firms produci
5. “Market inefficiency is necessary but not sufficient condition for government intervention”. D
6. Analyse the special properties of the Cob-Douglass production function, and how might the function
7. Outline the key propositions of the ‘new’ (endogenous) growth theory. (b) Explain briefly two