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

Expert's answer

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!

LATEST TUTORIALS
APPROVED BY CLIENTS