Answer to Question #226407 in Macroeconomics for Uroosa Karim

Question #226407
In the national income accounts what is the differences between if you're hiring your spouse rather than having him or her without pay
1
Expert's answer
2021-08-16T17:33:37-0400

The GDP does not include the services performed by a Spouse. However, if the spouse gets paid wages (and thus must disclose income) and pays taxes, it will be counted as part of the GDP.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS