All of the following would be excluded from GDP except​ ____________. A. a​ home-based business that grows spices. B. money from illegal drug cartels. C. the gardening Jack does on the weekend to improve his home. D. health care assistance that Mary gives to her elderly father after work.

Respuesta :

Answer:

A home-based business that grows spices.

Explanation:

Gross Domestic Product can be described as the total value of all final goods and services in a monetary form made in a country within a period of one year, by all the residents of the country regardless of whether they are citizens or foreigners. It emphasizes the geographic aspect of production, that is, the value of output within a country. It, therefore, excludes the earnings of citizens or their investment abroad, but it includes the earnings of foreigners or earning from foreign investment in the country. However, GDP excludes money made from illegal business or goods, service not paid for e.g services rendered to oneself or others which are not paid for like giving a free ride to friends or services rendered by children or housewives.

formular for calculating GDP,

GDP = NDP (Net Domestic Product) + Depreciation